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, Peter Zieringer
Chairman of the Supervisory Board: Harald Wilhelm
Commercial Register Stuttgart, No. HRB 737788
VAT registration number: DE 81 11 20 930
Please find below the annual reports of Mercedes-Benz Mobility (Daimler Mobility until 2021).
In 2023, Mercedes-Benz Mobility saw new business increase by 7% to €62.0 billion (2022: €58.0 billion) in a competitive market environment with above average penetration rates for financed or leased electric vehicles. The total portfolio grew in 2023 to €135.0 billion (2022: €132.4 billion). Performance was impacted by a lower portfolio margin due to higher refinancing rates and intensified competition in the financial services sector, resulting in adjusted Earnings Before Interest and Taxes of €1.7 billion (2022: €2.4 billion).
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.
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.
New business decreased by 9% to €67.8 billion (2019: €74.4 billion).
Contract volume was €150.6 billion (end of 2019: €162.8 billion). Revenue was €27.7 billion (2019: €28.6 billion).
The division’s EBIT amounted to €1,436 million (2019: €2,140 million).
New business increased by 3% to €74.4 billion in the fiscal year 2019 (2018: €71.9 billion). Revenue was 9% higher at €28.6 billion (2018: €26.3 billion). The division’s EBIT amounted to €2,140 million (2018: €1,384 million), an increase of 55% compared to the prior year.