Mercedes-Benz Group AG: Strong preliminary results for …
Mercedes-Benz Cars delivered an adjusted Return on Sales of 14.8%, due to healthy net pricing, higher sales and a good product mix – despite negative effects from higher material costs and increased research and development expenses. The adjusted Return on Sales of the Mercedes-Benz Vans division rose to 15.6% due to substantially improved net pricing and higher unit sales. “In a challenging market environment, we have once again demonstrated resilience. Strong pricing significantly outweighed headwinds from material costs and led to another quarter of solid financial results at Mercedes-Benz.” Harald Wilhelm, Chief Financial Officer of Mercedes-Benz Group AG