Chai! E no dey sweet as Mercedes-Benz report say their profit don belly down plenti for 2025. Dem talk say dem make just 5.3 billion euros ($6.3 billion), wey na big drop of almost 49% from 2024. But, no be so dem expect am last year. E fit dey bad, but e still better pass wetin analysts predict.
Ola Kaellenius, the CEO wey dey run the show, talk say even though market dey shake, their financial results still dey within wetin dem expect. He get strong hope say dem go drop over 40 new models for ground within the next three years. Abeg, we dey look forward to wetin dem go bring come!
But no too celebrate yet, as dem still dey expect 2026 go be like wahala. Dem say revenue go still dey around 132.2 billion euros, but dem dey look say core profit go rise well-well since dem no go get some one-off restructuring wahala wey affect dem last time. For their main car business, dem expect profit margin this year go be around three to five percent, wey fit even drop pass the five percent wey dem achieve last year.
As dem report drop, Mercedes-Benz share don waka down 4.5 percent for Frankfurt stock market, making dem the worst case for blue-chip DAX index. E be like say the market no dey smile with dem now.
Make we not forget say Mercedes no be small company; dem don dey for this auto business since Carl Benz invent the first motor car for 1885. But last year, dem receive blow from US President Donald Trump wey scatter dem with tariffs for foreign carmakers. No be only that, dem still dey fight plenty wahala as sales for China don drop, demand for Europe dey stagnate, and dem dey spend money to invest in electric cars wey demand still dey shakara.
Kaellenius talk say, “The auto industry and our company, we’re in a once-in-a-hundred-year transformation.” Na true talk, as the market dey change like election promises! China don become battle ground for German carmakers, and dem dey face tough competition from local champions like BYD and Geely. Dem dey plan new launches, but wetin dem dey see for market no too dey ginger dem.
Harald Wilhelm, the Chief Financial Officer, still dey talk say dem dey look the sales for China with cautious eyes. As e be now, dem dey expect sales go still drop in China, no matter the new models wey dem fit drop. Last year, Mercedes car sales for China fall 19 percent wey make am the lowest since 2016. Na wetin cost worldwide sales to drop by 10 percent. Dis matter no too they funny, abeg!
Now we go just dey watch how Mercedes go take manage the situation, we go keep our ear to the ground for all the latest updates.
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