In 2023 the Mercedes Group saw revenues grow by 2%, reaching 153.2 billion euros. A number of factors, including the 21% increase in research and development expenses, led to a 4% reduction in earnings before interest and taxes.
Overall, sales of Mercedes-Benz Cars and Vans increased by 1.5% to 2,491,800 vehicles, with the percentage of electric models increasing by +61% to 240,700 units. In light of these results, the management board and the supervisory board will propose to the annual general meeting (scheduled for 8 May 2024) a dividend of 5.30 euros per share.