Mercedes-Benz: achieves EBIT of E13.6bn in 2024
(CercleFinance.com) - Group sales amounted to E145.
6bn in 2024 (vs. E152.4bn in 2023).
Group EBIT reached E13.6bn (E19.7bn in 2023).
Free cash flow from industrial operations reached E9.2bn (E11.3bn in 2023), mainly due to a very high cash conversion rate in the Cars & Vans segment.
Net liquidity in the industrial business reached E31.4bn (E31.1bn at end-2023), remaining at a similar level to the previous year.
In 2025 Mercedes-Benz Group expects group sales to be slightly below the previous year's level.
Group EBIT is expected to be significantly below the previous year's level, due to divisional forecasts.
Group free cash flow from industrial operations is expected to be significantly below the high level of 2024, due to lower EBIT at Mercedes-Benz Cars and Mercedes-Benz Vans and lower CCR at Mercedes-Benz Vans.
At the Annual General Meeting on 7 May 2025, the Board of Management and Supervisory Board will propose a dividend of E4.30 per share (2023: E5.30).
Mercedes-Benz has decided to buy back up to E5bn (excluding incidental costs) on the stock market over a period of up to 24 months, subject to renewal of the authorization by the Annual General Meeting in May 2025 to buy back treasury shares up to a maximum of 10% of the share capital.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
6bn in 2024 (vs. E152.4bn in 2023).
Group EBIT reached E13.6bn (E19.7bn in 2023).
Free cash flow from industrial operations reached E9.2bn (E11.3bn in 2023), mainly due to a very high cash conversion rate in the Cars & Vans segment.
Net liquidity in the industrial business reached E31.4bn (E31.1bn at end-2023), remaining at a similar level to the previous year.
In 2025 Mercedes-Benz Group expects group sales to be slightly below the previous year's level.
Group EBIT is expected to be significantly below the previous year's level, due to divisional forecasts.
Group free cash flow from industrial operations is expected to be significantly below the high level of 2024, due to lower EBIT at Mercedes-Benz Cars and Mercedes-Benz Vans and lower CCR at Mercedes-Benz Vans.
At the Annual General Meeting on 7 May 2025, the Board of Management and Supervisory Board will propose a dividend of E4.30 per share (2023: E5.30).
Mercedes-Benz has decided to buy back up to E5bn (excluding incidental costs) on the stock market over a period of up to 24 months, subject to renewal of the authorization by the Annual General Meeting in May 2025 to buy back treasury shares up to a maximum of 10% of the share capital.
Copyright (c) 2025 CercleFinance.com. All rights reserved.