Mercedes-Benz expects less profitable business this year due to strains in the supply chain and higher investments. In the important car division, CEO Ola Källenius expects that ten to twelve percent of sales will remain as profit (before interest and taxes), as the DAX group announced on Thursday. Mercedes expects car sales to be at the previous year’s level. The Stuttgart-based company achieved a profit margin of 12.6 percent last year.
Mercedes also expects less profitability in the recently successful delivery van division. Overall, the group assumes that sales in all areas will remain at the previous year’s level, but that earnings before interest and taxes will decline slightly.
Q4 numbers
