0810 GMT - Mercedes-Benz posted second-quarter results that are better than expected overall, with guidance largely maintained and free cash flow boosted by the sale of Daimler Truck shares, Jefferies analyst Philippe Houchois writes. The company mostly confirmed guidance as results beat across metrics, including a car margin of 4% that landed in the middle of the full-year range. The vans margin of 10.2% is above the full-year guidance range, Houchois adds. There was a net negative contribution of 560 million euros from China joint ventures, but industrial free cash flow of 1.1 billion euros is better-than-expected after the company received 417 million euros of proceeds from selling Daimler Truck shares. Shares rise 5%. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
July 28, 2026 04:11 ET (08:11 GMT)
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