Mercedes-Benz AG posts sturdy 2021 monetary outcomes

Mercedes-Benz Group (previously Daimler AG prematurely of the automobiles unit spin-off) has posted 2021 internet monetary achieve (excluding the deconsolidation outcome) as much as €14.2 billion (2020: €4. billion). Earnings for every share, excluding the deconsolidation ultimate outcome, rose by 280% to €12.89 (2020: €3.39).

It was a powerful established of advantages, helped by mounted cost reductions and beneficial design mix. Provided that 2019 mounted expenses at Mercedes-Benz Automobiles and vans have fallen by 16% though earnings per unit improved by 26% to a mean €49,800 for every auto.

Mercedes-Benz Group revenue reached €168 billion (2020: €154.3 billion). The share from persevering with features was €133.9 billion (2020: €121.8 billion). Group EBIT was €29.1 billion (2020: €6.6 billion), thereof the share from persevering with operations was €16. billion (2020: €6.1 billion). Adjusted EBIT, reflecting the elemental enterprise, was €19.2 billion (2020: €8.6 billion). Crew internet earnings was €23.4 billion (2020: €4. billion). The share from persevering with operations was €11.1 billion (2020: €4. billion).

CEO Ola Källenius talked about: “2021 was a yr of strategic progress for Mercedes-Benz. A number of portions illustrate how this transformation is getting traction: Finest-end vehicle product gross sales rose by 30%, gross sales of electrical automobiles surged 64%, and our adjusted EBIT elevated by 105%. That could be a sturdy demonstration of the possible of this model title and this staff. I wish to enhance my deepest gratitude to all our colleagues who constructed this glorious finish outcome possible.”

He extra: “With a transparent agenda for this calendar yr we’re assured about 2022. Aside from the relentless goal on cost effectiveness and supply chain administration, our strategic priorities are: Scaling electrical powered automobiles, accelerating our vehicle-software package deal choices and rising our luxurious enterprise.”

Unit quantity was down in 2021. Earnings on the Mercedes-Benz Automobiles & Vans division diminished by 5% to 2,330,169 automobiles (2020: 2,461,884). Mercedes-Benz passenger auto machine product sales lessened to 2,054,962 (2020: 2,164,187), predominantly owing to the worldwide supply constraints of semiconductors. Nonetheless, the major-close cars, which incorporate Mercedes‑Maybach, Mercedes-AMG, G-Course, S-Course, GLS and EQS, posted a brand new gross sales file in 2021 – underscoring the beneficial combine affect on Mercedes’ backside line.

Mercedes-Maybach revenue in China have risen to additional than 1,000 autos a month because of the reality June earlier yr, except for final October, when supplies had been constrained.