chip crisis?
No way: Mercedes-Benz is doing better than ever
Created: 02/24/2022Updated: 02/24/2022 11:12 am
By: Patrick Freiwah
Mercedes star in the open air: The group presented a surprisingly positive result for the past year.
© Arnulf Hettrich/Imago
Mercedes-Benz came through the corona pandemic unexpectedly well.
The Swabians have also dealt with the lack of semiconductors better than expected.
Stuttgart - Corona and the resulting chip crisis have apparently not done much to Mercedes-Benz: After a massive jump in profits, the car company is increasing the dividend for shareholders significantly.
At 23 billion euros, net profit last year was a good six times higher than a year earlier, the Dax company* explained.
An important reason for the positive result: a positive valuation effect worth billions from the spin-off of the heavy commercial vehicle business.
The dividend is now expected to rise from EUR 1.35 per share for the previous year, which was burdened by corona lockdowns, to a surprisingly high EUR 5.00.
Despite falling car sales, sales rose by 9 percent to 168 billion euros.
Mercedes-Benz with mega profits - high-margin models as a recipe for success
Mercedes-Benz had already presented key data on day-to-day business - the Stuttgart company benefited in particular from high sales prices for new and used cars.
This also has something to do with the delivery problems of the chip crisis: Due to the lack of semiconductors, the focus was on high-margin models, while buyers of cheaper vehicles had to accept longer delivery times.
Until the spin-off in December 2021, the Mercedes-Benz group figures also included the now independent commercial vehicle manufacturer Daimler Truck.
In the course of this, a change of name took place - because Daimler AG is history:
Rival Tesla also made huge profits in 2021 - despite the chip crisis.
But it turns out that Elon Musk's company just didn't include a key auto part*.
(PF with dpa material)
*Merkur.de is an offer from IPPEN.MEDIA