Mercedes-Benz Group achieved solid financial results in 2023. Revenue rose to 153.2 billion euros, compared to 150 billion in 2022. The group's profit before tax (Ebit) stood at 19.7 billion euros, compared to 20 .5 billion the previous year.
The distribution of a dividend of 5.30 euros per share and a buyback of own shares for a maximum value of 3 billion euros are expected.
Cash flow from industrial activities reached 11.3 billion.
The net liquidity of the industrial sector rose to 31.7 billion euros.
The group's investments in the entire financial year amounted to 3.7 billion euros.
Research and development expenses stand at 10 billion.
For 2024 the group expects revenue at the previous year's level, Ebit seen slightly below the 2023 level. Mercedes-Benz continued its transformation in 2023, developing new cutting-edge electric and digital innovations, scaling electric vehicles and achieving solid financial results", explains CEO Ola Kaellenius.
"In other words - he adds - the team has once again managed to implement our strategy in difficult times, creating the eSprint and the new E-Class. At the same time, we have prepared the ground for the next generation products and platforms to maintain Mercedes -Benz at the forefront of the industry."
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