(Il Sole 24 Ore Radiocor) - Milano, 29 apr - The German car and van manufacturer Mercedes-Benz said that in the first quarter revenue fell 4.9% to 31.602 billion euros.

Earnings before interest and taxes dropped 16.8% to 1.904 billion euros and the net profit declined 17.2% to 1.433 billion.

Earnings per share fell 14.4% to 1.49 euros.

Free cash flow industrial business was down 21.2% to 1.857 billion euros.

For the full year, MercedesBenz confirmed its guidance, expecting revenue at the prior-year level and EBIT significantly above the prioryear level, primarily reflecting restructuring charges incurred in the prior year. Free cash flow of the industrial business is expected to be slightly below the 2025 level.

The company said that it "continues to closely monitor the geopolitical environment, including the conflict in the Middle East and its potential impact on consumer confidence." MercedesBenz's car division targets mediumterm sales of around 2 million vehicles, with a topend share of more than.

15% and an electrified vehicles share of 40%.

(RADIOCOR) 29-04-26 08:39:32 (0168) 5 NNNN