{"id":18282,"date":"2023-04-20T19:36:05","date_gmt":"2023-04-20T19:36:05","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/mercedes-benz-reports-q1-adjusted\/"},"modified":"2023-04-20T19:39:03","modified_gmt":"2023-04-20T19:39:03","slug":"mercedes-benz-reports-q1-adjusted","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/mercedes-benz-reports-q1-adjusted\/","title":{"rendered":"Mercedes-Benz reports Q1 adjusted return on sales of 14.8%"},"content":{"rendered":"

BERLIN (Reuters) -Mercedes-Benz on Thursday posted first-quarter group adjusted return on sales of 14.8%, above market expectations, boosted by higher prices and strong demand. <\/p>\n

“Mercedes-Benz Cars delivered an adjusted return on sales of 14.8%, due to healthy net pricing, higher sales and a good product mix,” the carmaker said in a statement.<\/p>\n

Analysts expected an average adjusted return on sales of 13.4%.<\/p>\n

First-quarter group earnings before interest and taxes rose to 5.5 billion euros and adjusted return and industrial free cash flow was at 2.2 billion euros.<\/p>\n

Adjusted return on sales of the vans division rose to 15.6% due to improved net pricing and higher sales, the company added.<\/p>\n

Mercedes-Benz earlier this month reported a 3% increase in global sales, with Europe posting the strongest growth at 8%, boosted by electric vehicles (EV) and premium cars.<\/p>\n

(Reporting by Riham Alkousaa; Editing by Leslie Adler and Mark Porter)<\/p>\n

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BERLIN (Reuters) -Mercedes-Benz on Thursday posted first-quarter group adjusted return on sales of 14.8%, above market expectations, boosted by higher prices and strong demand. “Mercedes-Benz Cars delivered an adjusted return on sales of 14.8%, due to healthy net pricing, higher sales and a good product mix,” the carmaker said in a statement. Analysts expected an […]<\/p>\n","protected":false},"author":8,"featured_media":18283,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[1223],"class_list":["post-18282","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business","tag-updated"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3J0WO-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/18282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=18282"}],"version-history":[{"count":2,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/18282\/revisions"}],"predecessor-version":[{"id":18286,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/18282\/revisions\/18286"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/18283"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=18282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=18282"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=18282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}