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Anthony Dick ...
  • Michael Foundoukidis

Mercedes-Benz AG : 2022 to provide confirmation of structural progress

>Earnings in line with prelims, conservative approach into 2022 - 2021 results were largely in line with the preliminary earnings published on 11 February. They notably helped to confirm the very good year for the carmaker, marked by a strong focus on the high-end segment, robust pricing, excellent momentum in the used car segment and in financial services, but also continued efforts on cost-cutting. In the face of an exceptional 2021 on a number of fronts, yesterday...
Underlying
Daimler AG

Daimler provides a range of transportation products, including passenger cars and commercial vehicles, and also financial services. Co. operates in five segments. Mercedes-Benz Cars sells passenger cars and off-road vehicles under the Mercedes-Benz brand and small cars under the smart brand. The Daimler Trucks distributes its trucks (Mercedes-Benz, Freightliner, FUSO, Western Star, Thomas Built Buses and BharatBenz). The vans of the Mercedes-Benz Vans segment are sold under the brand name Mercedes-Benz and Freightliner. Daimler Buses sells completely built-up buses (Mercedes-Benz and Setra). The Daimler Financial Services division supports sales of Co.'s automotive brands.

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Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Anthony Dick

Michael Foundoukidis

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