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Results: Mercedes-Benz Group AG Beat Earnings Expectations And Analysts Now Have New Forecasts
Yahoo FinanceMay 2 00:41 ET
We Think Mercedes-Benz Group AG's (ETR:MBG) CEO Compensation Looks Fair
Yahoo FinanceMay 1 00:38 ET
Earnings Call Summary | MERCEDES-BENZ GROUP AG(MBGAF.US) Q1 2024 Earnings Conference
The following is a summary of the Mercedes-Benz Group AG (MBGAF) Q1 2024 Earnings Call Transcript:Financial Performance:Mercedes-Benz Group experienced a decrease in Q1 sales, EBIT, and EPS, predomina
moomoo AIApr 30 06:26 ET · Conference Call
“Focus on luxury” strategy blocked Mercedes-Benz Q1 profit plummeted 34%
The Zhitong Finance App learned that due to model changes and low demand for electric vehicles, Mercedes-Benz Group's profit plummeted 34% in the first quarter. According to data released on Tuesday, Mercedes' adjusted profit before interest and tax fell to 3.6 billion euros (3.9 billion US dollars). The company said that due to the high cost of model upgrades, its auto manufacturing profit margin was 9%, which is lower than the annual target. After the financial report was announced, Mercedes' stock price fell by 3.5%, narrowing the increase over the past year to around 4.9%. The German luxury car maker's strategy of boosting profits by increasing high-end models has met with resistance. Gao
Zhitong FinanceApr 30 04:41 ET
Mercedes-Benz to Stay Firm on Pricing Following 1Q Profit Drop
Mercedes-Benz on Tuesday vowed to steer clear of entering a discount race, saying it would defend high pricing levels for its luxury cars as model changeovers and supply chain bottlenecks caused quarterly profits to fall.
The Edge MarketsApr 30 02:25 ET
Mercedes-Benz Group 1Q Net Pft EUR3.025B
Mercedes-Benz Group 1Q Net Pft EUR3.025B
Dow JonesApr 30 01:00 ET
MonkeyGee : omg, you are here also. what are you trying to pump now?
Racehorse : You hit the nail on the head Stock Moe!!
philosophical finger : EV are a win for all
Wacho-el-Wero : Team $Lucid Group (LCID.US)$ fam
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