Mercedes-benz Group Ag · XETR:MBG
Mercedes-benz — Fact Sheet (October 2024)
27 slides from Mercedes-benz's fact sheet, Oct 24, 2024
Slide 1: Fact Sheet for Q3 2024
Fact Sheet for Q3 2024 24 October 2024 Mercedes-Benz Group 1
Slide 2: Contents
Mercedes-Benz Group Contents Mercedes-Benz Group Stock Market Information 3 Earnings and Financial Situation 4 – 18 Information for Divisions Mercedes-Benz Cars 19 – 22 Mercedes-Benz Vans 23 – 26 Mercedes-Benz Mobility 27 2
Slide 3: Stock Market Information
Mercedes-Benz Group Stock Market Information Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD 2023 2023 2024 2024 2024 Change 2023 2024 Change Earnings per share (in EUR) basic 3.44 2.99 2.86 2.95 1.81 -47.5% 10.47 7.62 -27.2% diluted 3.44 2.99 2.86 2.95 1.81 -47.5% 10.47 7.62 -27.2% Average number of s
Slide 4: Key Figures of the Mercedes-Benz Group
Mercedes-Benz Group Key Figures of the Mercedes-Benz Group Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (in millions of EUR) 2023 2023 2024 2024 2024 Change 2023 2024 Change Revenue1 37,001 39,976 35,873 36,743 34,528 -6.7% 112,414 107,144 -4.7% EBIT 4,842 4,326 3,863 4,037 2,517 -48.0% 15,334 10,41
Slide 5: Revenue by Segment
Mercedes-Benz Group Revenue by Segment Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (in millions of EUR) 2023 2023 2024 2024 2024 Change 2023 2024 Change Mercedes-Benz Cars 27,131 29,569 25,713 27,170 25,602 -5.6% 83,187 78,485 -5.7% Mercedes-Benz Vans 4,939 5,611 4,893 4,774 4,657 -5.7% 14,677 14,3
Slide 6: Revenue by Region
Mercedes-Benz Group Revenue by Region Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (in millions of EUR) 2023 2023 2024 2024 2024 Change 2023 2024 Change Mercedes-Benz Group* 37,001 39,976 35,873 36,743 34,528 -6.7% 112,414 107,144 -4.7% 1* Europe 15,305 16,100 15,455 14,544 14,043 -8.2% 44,967 44,04
Slide 7: Earnings before Interest and Taxes (EBIT) of the Mercedes-Benz Group
Mercedes-Benz Group Earnings before Interest and Taxes (EBIT) of the Mercedes-Benz Group Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (in millions of EUR) 2023 2023 2024 2024 2024 Change 2023 2024 Change Revenue1 37,001 39,976 35,873 36,743 34,528 -6.7% 112,414 107,144 -4.7% Cost of sales1, 2 -28,95
Slide 8: Earnings before Interest and Taxes (EBIT) of Mercedes-Benz Cars
Mercedes-Benz Group Earnings before Interest and Taxes (EBIT) of Mercedes-Benz Cars Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (in millions of EUR) 2023 2023 2024 2024 2024 Change 2023 2024 Change Revenue 27,131 29,569 25,713 27,170 25,602 -5.6% 83,187 78,485 -5.7% Cost of sales -21,012 -23,619 -2
Slide 9: Earnings before Interest and Taxes (EBIT) of Mercedes-Benz Vans
Mercedes-Benz Group Earnings before Interest and Taxes (EBIT) of Mercedes-Benz Vans Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (in millions of EUR) 2023 2023 2024 2024 2024 Change 2023 2024 Change Revenue 4,939 5,611 4,893 4,774 4,657 -5.7% 14,677 14,324 -2.4% Cost of sales -3,795 -4,240 -3,714 -3
Slide 10: Earnings before Interest and Taxes (EBIT) of Mercedes-Benz Mobility
Mercedes-Benz Group Earnings before Interest and Taxes (EBIT) of Mercedes-Benz Mobility Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (in millions of EUR) 2023 2023 2024 2024 2024 Change 2023 2024 Change Revenue1 6,302 6,640 6,855 6,347 6,007 -4.7% 18,931 19,209 +1.5% Cost of sales1 -5,580 -6,008 -6,
Slide 11: EBIT and Return on Sales (RoS)/Return on Equity (RoE)
Mercedes-Benz Group EBIT and Return on Sales (RoS)/Return on Equity (RoE) Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (EBIT in millions of EUR, RoS/RoE in %) 2023 2023 2024 2024 2024 Change 2023 2024 Change Mercedes-Benz Cars EBIT 3,312 2,912 2,456 2,756 1,198 -63.8% 11,312 6,410 -43.3% RoS 12.2 %
Slide 12: Adjustments Affecting EBIT
Mercedes-Benz Group Adjustments Affecting EBIT Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (in millions of EUR) 2023 2023 2024 2024 2024 Change 2023 2024 Change Legal proceedings and related measures 45 58 -133 7 9 -80.0% 36 -117 . Mercedes-Benz Restructuring measures 0 0 0 0 0 . 0 0 . Cars M&A tra
Slide 13: EBIT Adjusted and RoS/RoE Adjusted
Mercedes-Benz Group EBIT Adjusted and RoS/RoE Adjusted Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (EBIT in millions of EUR, RoS/RoE in %) 2023 2023 2024 2024 2024 Change 2023 2024 Change Mercedes-Benz Cars EBIT adjusted 3,357 2,970 2,323 2,763 1,207 -64.0% 11,282 6,293 -44.2% RoS adjusted 12.4 % 1
Slide 14: Free Cash Flow and Net Liquidity of the Industrial Business
Mercedes-Benz Group Free Cash Flow and Net Liquidity of the Industrial Business Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (in millions of EUR) 2023 2023 2024 2024 2024 Change 2023 2024 Change Net liquidity at the beginning of the period 25,845 28,485 31,659 33,635 27,998 +8.3% 26,637 31,659 +18.9
Slide 15: Liquidity
Mercedes-Benz Group Liquidity Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q4 Q3 YTD : YTD (at period end, in millions of EUR) 2023 2023 2024 2024 2024 Change 2023 2024 Change Group liquidity Cash and cash equivalents 15,138 15,972 17,208 12,862 14,032 -7.3% 15,972 14,032 -12.1% Marketable debt securities and similar inv
Slide 16: Reconciliation from CFBIT to Free Cash Flow of the Industrial Business
Mercedes-Benz Group Reconciliation from CFBIT1 to Free Cash Flow of the Industrial Business Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (in millions of EUR) 2023 2023 2024 2024 2024 Change 2023 2024 Change CFBIT of Mercedes-Benz Cars 2,148 3,438 2,297 2,156 2,412 +12.3% 8,898 6,865 -22.8% CFBIT of
Slide 17: Adjustments Affecting Free Cash Flow of the Industrial Business
Mercedes-Benz Group Adjustments Affecting Free Cash Flow of the Industrial Business Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (in millions of EUR) 2023 2023 2024 2024 2024 Change 2023 2024 Change Mercedes-Benz Legal proceedings and related measures 66 40 44 36 25 -62.1% 211 105 -50.2% Cars Restru
Slide 18: Pension and Health-Care Benefits
Mercedes-Benz Group Pension and Health-Care Benefits Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q4 Q1-Q3 YTD : YTD (at period end, in millions of EUR) 2023 2023 2024 2024 2024 Change 2023 2024 Change Pension benefits Benefit obligations 19,711 21,992 21,411 20,953 21,477 +9.0% 21,992 21,477 -2.3% Plan assets 20,682 21,
Slide 19: Mercedes-Benz Cars - Overview
Mercedes-Benz Group Mercedes-Benz Cars - Overview Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD 2023 2023 2024 2024 2024 Change 2023 2024 Change Unit sales (units) 510,564 514,258 462,978 496,712 503,573 -1.4% 1,529,793 1,463,263 -4.3% Share of xEV in unit sales (%) 20.0 % 21.8 19.5 18.1 17.3 % . 19.
Slide 20: Mercedes-Benz Cars – Units Sales by Region
Mercedes-Benz Group Mercedes-Benz Cars – Units Sales by Region Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (in units) 2023 2023 2024 2024 2024 Change 2023 2024 Change Group sales (including smart) 510,564 514,258 462,978 496,712 503,573 -1.4% 1,529,793 1,463,263 -4.3% 1 Europe 164,221 174,385 160,1
Slide 21: Mercedes-Benz Cars - Unit Sales by Product Categories and Share of Electrified Models
Mercedes-Benz Group Mercedes-Benz Cars - Unit Sales by Product Categories and Share of Electrified Models Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (in units) 2023 2023 2024 2024 2024 Change 2023 2024 Change Group sales (including smart) 510,564 514,258 462,978 496,712 503,573 -1.4% 1,529,793 1,4
Slide 22: Mercedes-Benz Cars - Reconciliation from EBIT to CFBIT
Mercedes-Benz Group Mercedes-Benz Cars - Reconciliation from EBIT to CFBIT Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (in millions of EUR) 2023 2023 2024 2024 2024 Change 2023 2024 Change EBIT 3,312 2,912 2,456 2,756 1,198 -63.8% 11,312 6,410 -43.3% Change in working capital -492 714 308 -1,424 43
Slide 23: Mercedes-Benz Vans - Overview
Mercedes-Benz Group Mercedes-Benz Vans - Overview Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD 2023 2023 2024 2024 2024 Change 2023 2024 Change Unit sales (units) 105,083 124,317 105,425 103,435 91,063 -13.3% 323,473 299,923 -7.3% Share of xEV in unit sales (%) 6.0 % 6.2 % 2.8 % 5.0 % 4.8 % . 4.6 %
Slide 24: Mercedes-Benz Vans - Units Sales by Region
Mercedes-Benz Group Mercedes-Benz Vans - Units Sales by Region Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (in units) 2023 2023 2024 2024 2024 Change 2023 2024 Change Group sales (including T-/V-Class) 105,083 124,317 105,425 103,435 91,063 -13.3% 323,473 299,923 -7.3% 1 Europe 58,126 81,686 66,979
Slide 25: Mercedes-Benz Vans - Unit Sales by Segment
Mercedes-Benz Group Mercedes-Benz Vans - Unit Sales by Segment Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (in units) 2023 2023 2024 2024 2024 Change 2023 2024 Change Group sales 105,083 124,317 105,425 103,435 91,063 -13.3% 323,473 299,923 -7.3% Sprinter 54,473 66,191 56,652 52,411 56,219 +3.2% 17
Slide 26: Mercedes-Benz Vans - Reconciliation from EBIT to CFBIT
Mercedes-Benz Group Mercedes-Benz Vans - Reconciliation from EBIT to CFBIT Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (in millions of EUR) 2023 2023 2024 2024 2024 Change 2023 2024 Change EBIT 715 855 933 830 618 -13.6% 2,283 2,381 +4.3% Change in working capital 134 -89 40 -405 505 +276.9% -251 1
Slide 27: Mercedes-Benz Mobility - Overview
Mercedes-Benz Group Mercedes-Benz Mobility - Overview Q3 Q4 Q1 Q2 Q3 Q3 : Q3 Q1-Q3 Q1-Q3 YTD : YTD (in millions of EUR) 2023 2023 2024 2024 2024 Change 2023 2024 Change New business 15,183 16,715 14,750 14,094 14,235 -6.2% 45,299 43,080 -4.9% Contract volume (at period end) 133,840 135,027 134,672 1