Mercedes-Benz reports 70% fall in third-quarter operating profit

BERLIN, Oct 29 (Reuters) - Mercedes MBGn.DE reported a 70% drop in operating profit in the third quarter, it said on Wednesday, as the cost of job cuts added to U.S. tariff woes and weak demand for the German luxury carmaker.

Group earnings before interest and taxes came in at 750 million euros ($875 million) in the July-to-September period, down from 2.5 billion euros in the same period last year.

In adjusted terms, quarterly EBIT was 2.1 billion euros, impacted by special effects including payouts for redundancies.

The company maintained its guidance for the full year but warned of a "dynamic" environment, adding it would push ahead with efficiency measures across the group.

($1 = 0.8575 euros)