Mercedes-Benz Group (MBG.DE,MBG.MI) reported first quarter net profit attributable to shareholders of 1.42 billion euros compared to 1.68 billion euros, prior year. Earnings per share was 1.49 euros compared to 1.74 euros. Adjusted EBIT declined to 1.77 billion euros from 2.55 billion euros. In the first quarter of 2026, the Mercedes-Benz Cars segment reported an adjusted EBIT significantly below the prior-year level. The Mercedes-Benz Vans segment reported an adjusted EBIT slightly below the prior-year figure.
First quarter revenue was 31.60 billion euros compared to 33.22 billion euros, last year. The company said the decline was mainly due to the negative development of exchange rates.
The Group has confirmed the forecast statements for the year 2026.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.