Mercedes-Benz Beats Profit Forecast, Sees Supply Chain Headwinds in 2022

Mercedes-Benz Beats Profit Forecast, Sees Supply Chain Headwinds in 2022
The Mercedes-Benz logo is seen on a car in front of the Mercedes-Benz Museum in Stuttgart, Germany, on Feb. 11, 2020. Andreas Gebert/Reuters
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BERLIN—Mercedes-Benz Cars & Vans expects an adjusted earnings before interest and taxes (EBIT) of 14 billion euros ($15.9 billion) in 2021 and sees supply chain headwinds persisting into 2022, it said on Friday.

The luxury carmaker predicted an adjusted return on sales of 12.7 percent in the full year, beating its own guidance of 10 percent-12 percent as the jump in electric vehicle sales made up for supply chain troubles, it said as it released preliminary results.