The most important thing about the quarterly figures from Mercedes-Benz
The Mercedes-Benz Group, formerly Daimler, achieved sales of 37.7 billion euros in Q3 2022.
The company’s adjusted operating profit was 5.3 billion euros.
Earnings per share were EUR 3.66 in Q3.
When did Mercedes-Benz publish the quarterly figures for Q3 2022?
On Wednesday, October 26, 2022, the Mercedes-Benz Group presented the results for the third quarter of 2022. The financial report and presentation are publicly available on the company’s website. Interested parties and investors can also find the recording of the conference call there.
What was the sales of Mercedes-Benz in the third quarter of 2022?
In Q3 2022, the Mercedes-Benz Group generated sales of around 37.7 billion euros across all business sectors. The group thus increased sales by 19 percent compared to the previous year. The background to the increased revenue is a significant increase in sales. The group was able to increase its wholesale car sales to 530,000 units in the past three months. This corresponds to an increase of almost 40 percent compared to the previous year – despite ongoing semiconductor bottlenecks and interrupted supply chains.
What was Mercedes-Benz profit in Q3 2022?
The carmaker’s strategy of ensuring high profitability despite lower production figures also paid off in Q3: Adjusted operating profit amounted to 5.3 billion euros. This is an increase of almost 71 percent compared to the previous year. Net income for the third quarter of 2022 was EUR 3.99 billion, an increase of 55 percent. This led to an increase in earnings per share to 3.66 euros. CFO Harald Wilhelm spoke on Wednesday in an initial reaction of “robust demand”, which brought Mercedes a solid result.
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Historical quarterly figures from Mercedes-Benz at a glance
quarter
Turnover (bn EUR)
Net profit (bn EUR)
Earnings per share (EUR)
Q2 2022
36.4
3.2
2.91
Q1 2022
34.9
3.9
3.36
Q4 2021
43.3
12.7
11.82
Q3 2021
40.1
3.6
2:31
Q2 2021
43.5
3.7
3.36
Q1 2021
41.0
4.4
4.01
Q4 2020
46.6
3.6
3.26
Q3 2020
40.3
2.2
1.92
Q2 2020
30.2
-1.9
-1.87
Q1 2020
37.2
0.17
0.09
Source: company
More: Mercedes doubles profit and increases its forecast again