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OTCMKTS:MBGYY

Mercedes-Benz Group 10/26/2023 Earnings Report

Mercedes-Benz Group logo
C$14.71 +0.64 (+4.51%)
As of 06/27/2025 03:59 PM Eastern

Mercedes-Benz Group EPS Results

Actual EPS
C$0.94
Consensus EPS
C$0.90
Beat/Miss
Beat by +C$0.04
One Year Ago EPS
N/A

Mercedes-Benz Group Revenue Results

Actual Revenue
$40.49 billion
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Mercedes-Benz Group Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

Mercedes-Benz Group Earnings Headlines

Trump’s unwinnable war
Over the years, we’ve been dragged into a long line of wars. The war on drugs. The war on terror. Wars with no clear goal, no endgame… no real answers for why we were fighting them in the first place. Trillions spent, countless young lives lost, and what do we have to show for it? And now, as yet another conflict erupts in the Middle East and billions more are burned in foreign sand, I urge you: Do not be distracted.
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About Mercedes-Benz Group

Mercedes-Benz Group (OTCMKTS:MBGYY), trading OTCMKTS under the ticker MBGYY, is a leading global automotive manufacturer headquartered in Stuttgart, Germany. The company’s origins date back to the pioneering work of Karl Benz and Gottlieb Daimler in the late 19th century, with the official formation of the Mercedes-Benz brand in 1926. Over nearly a century of innovation, Mercedes-Benz has built a reputation for engineering excellence, safety leadership and cutting-edge design, establishing itself as a hallmark of luxury and performance in the automotive industry.

Today, Mercedes-Benz Group organizes its operations around several key business segments. The core Mercedes-Benz Cars division produces a wide range of passenger vehicles, including compact models such as the A-Class, luxury sedans like the S-Class, and SUVs including the GLE and GLS. The Mercedes-Benz Vans unit develops and manufactures light commercial vehicles, offering versatile transport solutions for business and private customers. In recent years, the group has also accelerated its transformation toward electric mobility, launching the EQ brand of fully electric vehicles that encompasses SUVs, sedans and forthcoming compact models.

Complementing its vehicle production, Mercedes-Benz Group runs Mercedes-Benz Mobility, a financial services arm that provides financing, leasing, fleet management and insurance solutions to retail and commercial clients worldwide. This segment supports dealer networks, optimizes vehicle usage for corporate fleets and offers digital services such as connected car features and subscription models. The company continues to invest in software development, autonomous driving research and digital retail platforms to enhance customer experience and drive future growth in a more connected and sustainable automotive ecosystem.

With operations spanning over 70 countries and a strong market presence in Europe, North America, China and beyond, Mercedes-Benz Group maintains a global footprint supported by production facilities in Germany, the United States, China, Hungary and South Africa. Under the leadership of Chairman of the Board of Management Ola Källenius, alongside a seasoned executive team responsible for finance, research and development, and regional markets, the company remains focused on its “Ambition 2039” strategy. This roadmap targets carbon-neutral new passenger car fleets and production sites, reinforcing Mercedes-Benz’s commitment to innovation, quality and sustainable mobility solutions for the decades ahead.

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