Mercedes: 2nd Quarter Results 2023

Mercedes-Benz Group’s sharpened focus on sustainable growth through sales of desirable cars and premium vans, combined with tight cost control, lifted second-quarter Earnings Before Interest and Taxes (EBIT) by 8% to €5.0 billion (Q2 2022: €4.6 billion) and revenue by 5% to €38.2 billion (Q2 2022: €36.4 billion).

Mercedes-Benz Q2 profit increase driven by strong demand and favourable model mix

  • Desirable products: Strong demand across Europe, U.S. and China with high order backlog; favourable net pricing and model mix
  • Solid profitability: Adjusted Return on Sales (RoS) at Mercedes-Benz Cars in Q2 reaches 14.2% (Q2 2021: 12.8%), 10.1% at Mercedes-Benz Vans (Q2 2021: 11.4%) and an adjusted Return on Equity (RoE) of 17.1% at Mercedes-Benz Mobility (Q2 2021: 24.0%)
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