Mercedes-Benz Vans posts record earnings in 2011

Mercedes-Benz Vans finished 2011 by setting records for earnings and return on sales in the most successful year overall in the division’s history. EBIT rose 85 per cent to the record level of €835-million (2010: €451-million), while the return on sales increased to 9.1 per cent
(2010: 5.8 per cent), also a record. Revenues for 2011 totaled €9.179-billion, a 17 per cent increase compared to the prior year. High global demand for vans resulted in an 18 per cent increase in Mercedes-Benz Vans sales to around 264,200 units, with sales records set in the division’s core markets in particular. Mercedes-Benz Vans also remains the clear leader for medium-sized and large vans in Europe, its most important sales market. The division sold 178,300 units (+14 per cent) in Western Europe and posted unit sales of 77,600 vans (+25 per cent) in its German home market - the best sales result ever for Germany.


Volker Mornhinweg, Head of Mercedes-Benz Vans, commented on Mercedes-Benz Vans’ business development, “2011 was an outstanding year for Mercedes-Benz Vans. The records we set for earnings and return on sales have extended our lead in the van segment even further. This makes Mercedes-Benz Vans a true engine of growth for the Daimler Group.”

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