Mercedes-Benz sees FY25 group revenue ‘significantly below’ FY24 level

The company updated divisional guidance at Mercedes-Benz (MBGYY) Cars and Mercedes-Benz Vans to include tariff developments. The company said, “Mercedes-Benz Group now sees Group revenue significantly below the prior-year level based on lower sales expected at Mercedes-Benz Cars and Mercedes-Benz Vans. Sales at Mercedes-Benz Cars are now seen significantly below 2024 levels, with sales in the second half of the year in the vicinity of H1. Overall sales in Q3 are seen slightly lower than in Q4. To reflect tariff impacts, the company now sees a new full-year guidance range for return on sales adj. at Mercedes-Benz Cars of 4-6%. For Mercedes-Benz Vans, sales are seen significantly below the previous year, with a stronger H2 versus H1. Including tariffs, this leads to a new guidance range of 8-10% for return on sales adj. at Mercedes-Benz Vans for the full year.”