Mercedes-Benz Mobility AG
Siemensstr. 7
70469 Stuttgart
Deutschland
Tel.: +49 711 17 0
E-Mail: mobility@mercedes-benz.com
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Represented by the Board of Management: Franz Reiner (Chairman), Jörg Lamparter, Susann Mayhead, Tolga Oktay, Peter Zieringer
Chairman of the Supervisory Board: Harald Wilhelm
Commercial Register Stuttgart, No. HRB 737788
VAT registration number: DE 81 11 20 930
Here you will find an overview of the latest information on the financial development of our company:
Mercedes-Benz Mobility reported a higher adjusted Return on Equity (RoE) of 9.6% in the third quarter. The adjusted EBIT increased to €313 mn in Q3 driven by ongoing efficiency measures and a positive development in the portfolio margin. This was partially offset by higher cost of credit risk amid a softer global economic environment. Contract volumes and new business reflected market developments in the automotive industry and ongoing currency effects. Third-quarter EBIT adjustments at Mercedes-Benz Mobility include an increase of provisions reflecting a recently published consultation paper by the UK Financial Conduct Authority (FCA).
Mercedes-Benz Mobility achieved a robust adjusted return on equity (ROE) of 8.9% in the second quarter and 8.8% in the first half. Second-quarter adjusted EBIT was slightly above the prior year’s level, supported by positive effects from financial investments and ongoing efficiency measures.
Mercedes-Benz Mobility reported a total contract volume of €133.7 billion (end of Q4 2024: €138.1 billion). New business reached €13.6 billion (Q1 2024: €14.8 billion), influenced by the dynamic financial services sector, particularly in China. However, the division recorded a higher average financing and leasing volume per contract.
The adjusted EBIT amounted to €287 million and was thus at the same level as the previous year (Q1 2024: €279 million), further investments in charging activities have been compensated by continued strict cost discipline and efficiency measures. As a result, the adjusted return on equity (RoE) reached 8.6% (Q1 2024: 8.5%).