Mercedes-Benz Group AG (ticker symbol: MBG) published its financial results for the second quarter of 2025. The company is making profit, despite a dynamic business environment and new global tariff policies. All three business units (passenger cars, van, mobility) achieved positive EBIT margins, according to the management of Mercedes-Benz. The company generated a free cash flow of the industrial business of €1.9 bn in the second quarter (Q2 2024: €1.6 bn) and €4.2 bn in the first six months (H1 2024: €3.9 bn). Net liquidity reached €30.8 bn in the first half (end of Q2 2024: €27.4 bn).
Group Revenue and Group EBIT were influenced by the new tariffs. Group EBIT was impacted by €715 mn of adjustments which were mainly for measures to increase operational efficiency and M&A transactions, including for the sale of production and sales capacities in Argentina. The adjusted Mercedes-Benz Group EBIT reached €2.0 bn (Q2: 2024: €4.0 bn).
Mercedes-Benz Vans achieved a healthy adjusted EBIT margin of 10.4% in the second quarter and 11.0% in the first half. Second quarter adjusted EBIT was influenced by lower sales volumes. Mercedes-Benz Vans sold 93,400 units (-10%) in the second quarter, due to a highly competitive market environment. Sales of electric Vans increased 32% compared to Q2 2024.
