How did our five divisions perform in the business year 2019? Besides the most important figures and a brief explanation, this page also shows the quarterly sales development 2017 to 2019.
We have launched our new corporate structure in November 2019: Three legally independent stock corporations now operate under the parent company Daimler AG. The financial reporting for the 2019 financial year reflects the previous structure with five business units.
Mercedes-Benz Cars*
€ 3,359 mn
EBIT
2018: € 7,216 mn
€ 93,877 mn
Revenue
2018: €93,103 mn
3.6 %
Return on sales
2018: 7.8 %
* The figures relate to the business year 2019.
The Mercedes-Benz Cars division sold a total of 2,385,400 vehicles in 2019 despite difficult overall conditions (2018: 2,382,800). The division thus surpassed the record level of unit sales set in the previous year. At €93.9 billion, revenue also exceeded the previous year’s high level (+1 %). This development was in large part due to the extensive market success of our new compact-class models and continued strong demand for the E-Class and our SUVs. EBIT decreased significantly to €3.4 billion.
Mercedes-Benz Vans*
€ - 3,085 mn
EBIT
2018: € 312 mn
€ 14,801 mn
Revenue
2018: € 13,626 mn
- 20.8 %
Return on sales
2018: 2.3 %
* The figures relate to the business year 2019.
Mercedes-Benz Vans set a new sales record once again in financial year 2019, with an increase of 4 % on the previous year’s figure to 438,400 units. At €14.8 billion, revenue was also higher than in the previous year (2018: €13.6 billion). EBIT was minus €3,085 million, which was significantly lower than in the previous year (2018: plus €312 million). This decline was primarily due to governmental and court proceedings and measures relating to Mercedes-Benz diesel vehicles, as well as a review and prioritization of the product portfolio. The return on sales amounted to -20.8 % (2018: +2.3 %).
Daimler Trucks*
€ 2,463 mn
EBIT
2018: € 2,753 mn
€ 40,235 mn
Revenue
2018: € 38,273 mn
6.1 %
Return on sales
2018: 7.2 %
* The figures relate to the business year 2019.
Daimler Trucks sold 488,500 vehicles in 2019, achieving a volume slightly below that of the previous year (2018: 517,300). The markets relevant for Daimler Trucks generally developed very disparately. In the second half of the year, demand in North America weakened significantly faster than expected, and the European truck market contracted in the second half of the year. These developments already had an impact on the division’s earnings in the fourth quarter. Revenue of €40.2 billion was above the prior-year level (2018: €38.3 billion). EBIT of €2.5 billion was lower than last year (2018: €2.8 billion). Return on sales also decreased to 6.1 % (2018: 7.2 %).
Daimler Buses*
€ 283 mn
EBIT
2018: € 265 mn
€ 4,733 mn
Revenue
2018: € 4,529 mn
6.0 %
Return on sales
2018: 5.9 %
* The figures relate to the business year 2019.
Daimler Buses sold 32,600 buses and bus chassis worldwide in financial year 2019 (2018: 30,900). The slight increase was due in particular to the noticeable recovery of the market in Brazil, ongoing strong demand in our important EU30 market and substantial sales growth in Argentina. A market-related decrease in demand in Turkey had a negative impact on our unit sales. The division was able to maintain its market leadership in its most important traditional core markets (EU30, Brazil, Argentina and Mexico). Revenue increased by 5 % to €4.7 billion and EBIT of €283 million was slightly higher than in the previous year (2018: €265 million). Return on sales was 6.0 % (2018: 5.9 %).
Daimler Mobility*
€ 2,140 mn
EBIT
2018: € 1,384 mn
€ 28,646 mn
Revenue
2018: € 26,269 mn
15.3 %
Return on Equity
2018: 11.1 %
* The figures relate to the business year 2019.
Daimler Mobility concluded 2.0 million new financing and leasing contracts worth a total of €74.4 billion in 2019. The total value of all new contracts was thus slightly above the prior-year level (+3 %). About half of all new-vehicle sales by our automotive divisions in 2019 were supported by sales financing from Daimler Mobility. In total, more than 5.4 million financed or leased vehicles were on the books at the end of 2019 with a total contract volume of €162.8 billion; this represents a 6 % increase compared with the end of 2018. Adjusted for exchange-rate effects, contract volume increased by 4 %. EBIT amounted to €2,140 million (2018: €1,384 million). The division’s return on equity was 15.3 % (2018: 11.1 %).
Revenues and EBITs of the divisions are not consolidated. This means each unit is looked at like an independent company, and deliveries between divisions (e.g. of engines from Mercedes-Benz Cars to Mercedes-Benz Vans) are included in that calculation. These internal deliveries have to be eliminated on Group level. That is why the sum of the unconsolidated revenues of the divisions is not equal to the consolidated revenue of Group level. You will find details in the notes to the consolidated financial statements, note 20.
