Mercedes Group third-quarter net profit fell to 1.72 billion euros from 3.72 billion euros in the same quarter last year as revenue declined 6.7% to 34.53 billion euros.
The division’s margin fell to 4.7% from 12.4% a year prior.
Cash flow has been a key concern for investors as they begin to question the sustainability of the company’s 40% dividend payout ratio amid its weaker performance and recent cut to cash flow guidance.
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