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Mercedes-Benz Group AG - Full Year Results and Annual Report 2021

18.03.2022 14:01

March 11, 2022 - Mercedes-Benz Group achieved strong financial results for the fiscal year 2021 ended December 31, while accelerating its strategy as a pure-play manufacturer of desirable cars and vans.

In 2021, good product mix, solid net pricing, continued cost-discipline and favourable used car performance lifted the adjusted Return on Sales (RoS) for the Mercedes-Benz Cars & Vans division to 12.7% in the full year, even as the COVID-19 pandemic and semiconductor supply chain bottlenecks continued to affect the business. Since 2019 fixed costs at Mercedes-Benz Cars have fallen by 16% while revenue per unit improved by 26% to an average €49,800 per vehicle.

Full press release (ENG)

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