MERCEDES-BENZ GROUP AG


Associated tags: Mercedes-Benz Group, Automotive, General Automotive, Other Automotive, Performance & Special Interest, EV, Manufacturing, Automotive Manufacturing, Automotive industry, Electric Vehicles, Mercedes-Benz, Ros, Research, Vehicle Technology, Supervisory board, Fuels, Alternative Vehicles, Mercedes-Benz Mobility, Off-Road Trucks & SUVs, Engineering

Locations: GERMANY, EUROPE, UNITED STATES, NORTH AMERICA, ROS, EUROPEAN UNION, CHINA

Mercedes-Benz Group 2023 Results*: Cash Generation at Work

Retrieved on: 
Thursday, February 22, 2024

Any future free cash flow from the industrial business as available (post potential small-scale M&A) beyond the approx.

Key Points: 
  • Any future free cash flow from the industrial business as available (post potential small-scale M&A) beyond the approx.
  • 40 percent dividend payout ratio of Group Net Income, shall be used to fund share buybacks with the purpose of redeeming shares.
  • Group Free Cash Flow of the Industrial Business is seen slightly below the very strong levels from 2023, due to lower EBIT at Cars and Vans and lower CCR at Vans.
  • Link to capital market presentation on full year 2023: group.mercedes-benz.com/results-2023
    Pictures of the Annual Results Conference 2023 will be available here: group-media.mercedes-benz.com
    Further information on Mercedes-Benz Group AG is available at:

Mercedes-Benz Group Solid Q3 Results Underscore Resilience in a Subdued Market Environment

Retrieved on: 
Thursday, October 26, 2023

By contrast, energy prices are expected to remain at a significantly lower level on average in 2023 than in the previous year.

Key Points: 
  • By contrast, energy prices are expected to remain at a significantly lower level on average in 2023 than in the previous year.
  • Mercedes-Benz Cars: The rate of sales from the first three quarters in 2023 is seen remaining at approximately the same pace.
  • As the 48-volt supply constraint is expected to continue, we expect Q4 sales to remain at the same level as Q3.
  • Link to capital market presentation Q3 2023: group.mercedes-benz.com/q3-2023/en
    [1] In real driving conditions, deviations from the certified standard values may occur.

Mercedes-Benz Group AG Supervisory Board reappoints Ola Källenius and Markus Schäfer and sharpens areas of responsibility of Board of Management

Retrieved on: 
Thursday, July 27, 2023

The Supervisory Board reappointed Ola Källenius (54) as Chairman of the Board of Management of Mercedes-Benz Group AG until May 21, 2029, at its meeting today.

Key Points: 
  • The Supervisory Board reappointed Ola Källenius (54) as Chairman of the Board of Management of Mercedes-Benz Group AG until May 21, 2029, at its meeting today.
  • As Chief Technology Officer, Markus Schäfer is the Board of Management member responsible for Development & Procurement.
  • In a further decision, the Supervisory Board established a cross-divisional steering and coordination function at the Board of Management level for sustainability management.
  • Responsibility for the function-specific management of sustainability topics will remain in the respective Board of Management areas.

Mercedes-Benz Q2 Performance Underpinned by Strong Sales of Top-End Cars and Premium Vans

Retrieved on: 
Thursday, July 27, 2023

Sales Guidance Mercedes-Benz Cars: Order intake is stabilizing with a strong product substance in the market and also considering the product launches to come in 2023 and in 2024.

Key Points: 
  • Sales Guidance Mercedes-Benz Cars: Order intake is stabilizing with a strong product substance in the market and also considering the product launches to come in 2023 and in 2024.
  • The rate of sales from first-half 2023 is seen remaining at approximately the same level, and full-year sales are thus seen at prior-year level.
  • Unit sales and revenue at Mercedes-Benz Cars are seen at the prior-year level.
  • At Mercedes-Benz Vans, unit sales are now seen at “significantly above” the prior-year's level, up from the previous expectation of a slight rise in sales.

Voting Results of the Annual General Meeting of Mercedes-Benz Group AG on May 3, 2023

Retrieved on: 
Wednesday, May 3, 2023

The shareholders of Mercedes-Benz Group AG (ticker symbol: MBG) approved all of the items on the agenda of the Annual General Meeting.

Key Points: 
  • The shareholders of Mercedes-Benz Group AG (ticker symbol: MBG) approved all of the items on the agenda of the Annual General Meeting.
  • Bernd Pischetsrieder will, following the expiration of his current mandate as Chaiman of the Supervisory Board of Mercedes-Benz Group AG, not make himself available for a further term of office.
  • His term ends at the end of the Annual General Meeting next year (2024).
  • An election will take place at the constituent Supervisory Board meeting after the 2024 Annual General Meeting.

Mercedes-Benz Group Annual Meeting: Transformation on track

Retrieved on: 
Wednesday, May 3, 2023

After 15 years, Sari Baldauf will leave the Supervisory Board at the end of the Annual Meeting.

Key Points: 
  • After 15 years, Sari Baldauf will leave the Supervisory Board at the end of the Annual Meeting.
  • Stefan Pierer has been proposed for election based on his in-depth industry know-how and his expertise in product and brand development.
  • On behalf of the entire Supervisory Board, I would like to express my sincere thanks for her outstanding commitment.
  • Link to the current Annual Report: group.mercedes-benz.com/results-2022
    Further information on Mercedes-Benz Group AG is available at: group-media.mercedes-benz.c om and group.mercedes-benz.com

Mercedes-Benz Q1 Results Driven by Top-End Cars and Premium Vans

Retrieved on: 
Friday, April 28, 2023

Unit sales at Mercedes-Benz Cars seen at the prior-year level with revenue remaining at the prior-year level.

Key Points: 
  • Unit sales at Mercedes-Benz Cars seen at the prior-year level with revenue remaining at the prior-year level.
  • At Mercedes-Benz Vans, unit sales are now seen slightly above the prior-year level.
  • The adjusted RoE is seen at 12%–14%
    The Mercedes-Benz Group expects revenue at the prior-year level and EBIT slightly below the prior-year level.
  • CO2 emissions of the new vehicle fleet in Europe are expected to be significantly below the prior-year level.

Official Lubricant Partner Motul Elevates Fan Experiences At Sepang 12 Hours

Retrieved on: 
Wednesday, March 15, 2023

Singapore, Mar 15, 2023 - (ACN Newswire) - Motul has announced that it would unveil a wide range of events, targeted at its customers and race fans, during the Sepang 12 Hours endurance race.

Key Points: 
  • Singapore, Mar 15, 2023 - (ACN Newswire) - Motul has announced that it would unveil a wide range of events, targeted at its customers and race fans, during the Sepang 12 Hours endurance race.
  • The announcement is part of Motul's wider involvement in the resurgent race as the official lubricant supplier for teams across all race categories.
  • To commemorate the return of the Sepang 12 Hour, Motul will be hosting a raft of experiential activities that will promote greater awareness and enthusiasm for Asia's motorsport scene.
  • Ravi Shankar | Country Manager, Motul Malaysia Sdn Bhd
    "Motul Malaysia is extremely happy and proud to be associated with the long awaited Sepang 12 Hours.

Mercedes-Benz Delivers Strong Full Year Results In 2022

Retrieved on: 
Friday, February 17, 2023

For 2022 the total payout would amount to €5.6 billion (2021: €5.35 billion).

Key Points: 
  • For 2022 the total payout would amount to €5.6 billion (2021: €5.35 billion).
  • On the back of strong operating performance and continued strong cash generation the programme is scheduled to start in March 2023.
  • Mercedes-Benz remains committed to a strong investment grade credit rating and targets an A rating by the major agencies.
  • Further details on the share buyback programme will be announced separately prior to the start of the programme.

Mercedes-Benz Group AG Supervisory Board decides on early contract extension for Renata Jungo Brüngger

Retrieved on: 
Thursday, February 16, 2023

At its meeting today, the Supervisory Board of Mercedes-Benz Group AG reappointed Renata Jungo Brüngger (61) until the end of 2024.

Key Points: 
  • At its meeting today, the Supervisory Board of Mercedes-Benz Group AG reappointed Renata Jungo Brüngger (61) until the end of 2024.
  • Renata Jungo Brüngger has been a member of Mercedes-Benz Group AG’s Board of Management since January 1, 2016, responsible for Integrity and Legal Affairs and Co-Chair of the Group Sustainability Board.
  • Renata Jungo Brüngger is doing an outstanding job for Mercedes-Benz.
  • Following the new guidelines, Renata Jungo Brüngger's contract has now been extended by one year until December 31, 2024.