- Mercedes-Benz Group AG press release ( OTCPK:DDAIF ): Q2 GAAP EPS of €2.91.
- Revenue of €36.4B (+6.7% Y/Y).
- Strong demand across Europe, U.S. and China with high order backlog; favourable net pricing and model mix.
- Outlook raised: Mercedes-Benz Group ( OTCPK:DDAIF ) revenue seen “significantly above” prior-year level and Group EBIT now seen “slightly above” prior-year level; Free cash flow of the industrial business now seen “at prior-year” level; Mercedes-Benz Cars adjusted Return on Sales (RoS) for 2022 seen at 12% to 14%.
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Mercedes-Benz Group AG GAAP EPS of €2.91, revenue of €36.4B, outlook raised