Mercedes-Benz Cars & Vans
Sales by the Mercedes-Benz Cars & Vans division decreased by 13% to 2,461,800 vehicles (2019: 2,823,800). Revenue was €98.6 billion (2019: €106.9 billion). EBIT amounted to €5,172 million (2019: minus €109 million) and return on sales was 5.2% (2019: minus 0.1%). Adjusted EBIT was €6,802 million (2019: €6,151 million) and adjusted return on sales was 6.9% (2019: 5.8%). Cash flow before interest and taxes (CFBIT) was €7,048 million (2019: €598 million). Adjusted CFBIT amounted to €7,917 million (2019: €1,939 million). The adjusted cash conversion rate (CCR) was 1.2 (2019: 0.3). Sales by Mercedes-Benz Cars slipped by 13% to 2,087,200 vehicles (2019: 2,385,400). Mercedes-Benz Vans’ sales were down 15% to 374,600 (2019: 438,300). In 2020, the average CO2 emissions of the new car fleet in Europe (EU28 – European Union, United Kingdom, Norway and Iceland) are expected to reach 104 g/km (2019: 137 g/km NEFZ, including vans registered as passenger cars). With this, the 2020 CO2 targets in the European Union have been met.
Daimler Trucks & Buses
Daimler Trucks & Buses division showed a decrease in unit sales of 27% to 378,500 vehicles (2019: 521,100). Revenue was €34.7 billion (2019: €44.4 billion). EBIT amounted to €525 million (2019: €2,672 million) and return on sales was 1.5% (2019: 6.0%). Adjusted EBIT was €678 million (2019: €2,672 million) and adjusted return on sales was 2.0% (2019: 6.0%). Cash flow before interest and taxes (CFBIT) was €2,513 million (2019: €2,654 million). Adjusted CFBIT came in at €2,513 million (2019: €2,654 million). The adjusted cash conversion rate (CCR) was 3.7 (2019: 1.0). Sales by Daimler Trucks fell by 27% to 358,300 vehicles (2019: 488,500). Daimler Buses sold 20,100 vehicles (2019: 32,600) – a decrease of 38%.
Daimler Mobility
At Daimler Mobility, new business decreased by 9% to €67.8 billion (2019: €74.4 billion). Contract volume was €150.6 billion (end of 2019: €162.8 billion). Revenue was €27.7 billion (2019: €28.6 billion). The division’s EBIT amounted to €1,436 million (2019: €2,140 million). At 9.8%, return on equity was lower than the figure of 15.3% in the prior year. Adjusted EBIT was €1,595 million (2019: €1,827 million) and adjusted return on equity was 10.9% (2019: 13.1%).