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Mercedes-Benz Group AG’s (ticker symbol: MBG) sharpened focus on high-end passenger cars and premium vans, combined with tight cost control, helped to lift Earnings Before Interest and Taxes (EBIT) by 28% to €20.5 billion (2021: €16.0 billion) last year, outpacing a 12% rise in revenue to €150.0 billion (2021: €133.9 billion) during ...
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.
2 dni temu · Mercedes-Benz Group AG analysts consensus, targets, ratings and recommendations | Xetra: MBG | Xetra.
Mercedes-Benz Group AG achieved solid 2023 financial results. A sharpened focus on desirable cars and vans combined with ongoing cost discipline resulted in Group Earnings Before Interest and Taxes (EBIT) of €19.7 billion (2022: €20.5 billion), and revenues of €153.2 billion (2022: €150.0 billion).
Interest income was $172,381 in 2023 compared to $101,573 in 2022. The 69.7% increase is mainly driven by higher interest rates and higher intercompany receivable balances in 2023. Interest expense. Interest expense was $163,721 in 2023 compared to $94,815 in 2022.
Read more on the benefits of financing and buying your Mercedes-Benz. With a higher than average resale value, financing can pay off in the long run.
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