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.
Group Unit Sales
2020: 2.84 mn
2020: € 154.3 bn
2020: € 6.6 bn
Free Cash Flow Ind. Business
2020: € 8.3 bn
Earnings per share
2020: € 3.39
2020: € 1.35
Key Figures Mercedes-Benz Group: Continuing and discontinued operations.
Dividend: Subject to approval by the shareholders at the annual meeting 2022.
Mercedes-Benz achieved several technological milestones last year: The company introduced four battery electric vehicles and attained the first internationally valid system approval for SAE-Level 3 automated driving. The EQS electric flagship received strong reviews and orders for the vehicle are currently at around 20,000 of which 3,600 came in January 2022. Mercedes-Benz is preparing to roll out a raft of new electric vehicles this year, including the EQE and EQS SUV.
2021 was a year of strategic progress for Mercedes-Benz. Three numbers illustrate how this transformation is gaining traction: Top-end vehicle sales rose by 30%, sales of electric cars surged 64%, and our adjusted EBIT increased by 105%. That’s a strong demonstration of the potential of this brand and this team. I want to extend my deepest gratitude to all our colleagues who made this excellent result possible. With a clear agenda for this year we are confident about 2022. Aside from the relentless focus on cost efficiency and supply chain management, our strategic priorities are: Scaling electric vehicles, accelerating our car-software plans and growing our luxury business.