BMW deliveries up 4.8% in September +++ BMW i3 sales climb 21.9% in first three quarters +++ Rolls-Royce brand maintains strong sales growth +++ Nota: “Model offensive having real impact also in luxury segment”
Munich. In the first nine months of the year, the BMW Group grew its worldwide sales by 1.7%, to 1,866,198 units. Deliveries in September were up 4.6% on the same month last year, with a total of 248,684 premium BMW, MINI and Rolls-Royce vehicles delivered to customers.
“Following the successful market launch of the new BMW 7 Series, BMW X7, BMW 8 Series Coupé and the BMW 8 Series Convertible, the BMW 8 Series Gran Coupé is now also in showrooms, since September. With this model offensive, we are continuing to expand our position in the highly profitable luxury segment,” said Pieter Nota, member of the Board of Management of BMW AG responsible for Customer, Brands and Sales. “We also offer the broadest electrified line-up of any of our competitors. In its sixth year the fully-electric BMW i3 is still performing extremely well and will therefore continue to be part of our line-up in the coming years. We will be launching another pure electric vehicle, the MINI Electric, towards the end of the year.”
Ilka Horstmeier to be responsible for Human Resources Division +++ Milan Nedeljkovic to head Production Division +++ Reithofer: "Managers are the cornerstone of our success" +++ Zipse: "I look forward to working with them in the Board of Management"
Munich. The BMW Group is bringing younger members onto its management team: At its meeting today, the Supervisory Board of BMW AG appointed Ilka Horstmeier (50) and Milan Nedeljkovic (50) as new members of the Board of Management.
Effective 1 October 2019, Milan Nedeljkovic will assume responsibility for the Production Division, taking over from Oliver Zipse, who was appointed Chairman of the Board of Management of BMW AG on 16 August 2019. Nedeljkovic has been with the BMW Group since 1993 and currently heads the Corporate Quality Division. He was previously managing director of BMW Group Plant Munich and BMW Group Plant Leipzig.
Effective 1 November 2019, Ilka Horstmeier will succeed Milagros Caiña-Andree as head of the Human Resources Division and labour relations director. Horstmeier has worked for the BMW Group since 1995 and is currently managing director of BMW Group Plant Dingolfing. Prior to that, she also served as head of the Engine, E-Powertrain production division.
BMW brand deliveries up 4.1% to 157,889 vehicles +++ MINI brand grows sales 6.2% to 22,859 units +++ BMW i3 sales increase by 29.6% to 3,101 vehicles +++ Nearly every second vehicle sold in August an X model +++ Nota: "Sales growth underlines positive impact of model offensive"
Munich. BMW Group sales continued their positive trend in August: Worldwide deliveries were up 4.4% on the same month last year, with a total of 181,126 premium BMW, MINI and Rolls-Royce vehicles sold. This brings the company's total sales for the year to date to 1,617,512 units (+1.3%), in a volatile global market environment.
“This positive sales development underlines the impact of our model offensive. Our new X models are proving very popular with our customers," said Pieter Nota, member of the Board of Management of BMW AG responsible for Customer, Brands and Sales. "Another positive is the continued strong sales growth of the BMW i3, the world's most successful electric vehicle in its segment. The plug-in hybrid version of the new BMW 3 Series, the BMW 330e*, was also added to our line-up of electric vehicles in August."
Balanced Sales Distribution in all major regions.
BMW Group sales volume in H1-2019.
MINI brand: 174,344
Rolls-Royce brand: 2,534
AUTOMOTIVE DELIVERIES BMW GROUP.
BMW, MINI & ROLLS-ROYCE.
Global Growth 0.8% as of 30 June 2019.
SALES VOLUME OF AUTOMOBILES in H1-2019.
CO2 EMISSIONS OF BMW GROUP AUTOMOBILES (EU-28).
EBIT MARGIN AUTOMOTIVE SEGMENT.
BMW GROUP long-term TARGET 8-10%
EBIT automotive segment 6,182 mn. €
EBIT automotive segment -310 mn. €
EBIT automotive segment 1,469 mn. €
CAPITAL EXPENDITURE RATIO.
BMW GROUP TARGET <5%
Capital expenditure* 5,029 mn. €
Capital expenditure* 999 mn. €
Capital expenditure* 1,176 mn. €
RESEARCH & DEVELOPMENT RATIO (HGB).
BMW GROUP long-term TARGET 5-5.5%
Research and development expenditure (HGB) 6,890 mn. €
Research and development expenditure (HGB) 1,353 mn. €
Research and development expenditure (HGB) 1,477 mn. €
DIVIDEND FOR THE FINANCIAL YEARS 2015 – 2018.
(PER ORDINARY STOCK IN €)
OUTLOOK FOR THE BMW GROUP IN 2019.
- Profit before tax: significant decrease.
- Workforce size at year-end: in line with last year's level.
- Deliveries to customers: slight increase.
- Carbon fleet emissions (EU-28): slight reduction.
- EBIT margin: between 4.5 and 6.5%.
- Return on capital employed: significant decrease.
- Deliveries to customers: solid increase.
- EBIT margin: in target range between 8 and 10%.
- Return on capital employed: solid increase.
FINANCIAL SERVICES SEGMENT.
- Return on equity (RoE): in line with last year's level.
Outlook in accordance with DRS 20.
|Key performance indicators||In line with last year's level||slight increase||solid increase||significant increase|
|Relative numbers||[-0.9 pp/+0.9 pp]||
[+1.0% pp/+4.9 pp]
|[+5.0 pp/+9.9 pp]||
|Key performance indicators||In line with last year's level||slight decrease||moderate decrease||significant decrease|
|Relative numbers||[-0.9 pp/+0.9 pp]||
[-1.0% pp/-4.9 pp]
|[-5.0 pp/-9.9 pp]||