Mercedes-Benz Group AG’s sharpened focus on high-end passenger cars and premium vans, combined with tight cost control, helped to lift Earnings Before Interest and Taxes (EBIT) by 28% to €20.5 billion (2021: €16.0 billion) last year, outpacing a 12% rise in revenue to €150.0 billion (2021: €133.9 billion) during the same period.

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In the third quarter of 2022, Mercedes-Benz Mobility reached an adjusted Return on Equity (RoE) of 15.8%. The new business of Mercedes-Benz Mobility declined slightly by 3% to €14.3 billion compared to the prior-year’s quarter.

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Performance improved: Product mix and cost efficiency support adjusted EBIT increase at Mercedes-Benz Cars & Vans of 105%.

Portfolio optimised: Top-end vehicle sales surge and electrification ramp-up gathers pace.

New structure established: Pure-play car & van business after successful Daimler Truck spin-off.

Dividend increased: Proposal of €5.00 per share (2020: €1.35) reflects solid cash generation.

Outlook 2022: Guidance confirms strategic progress.

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