Substantial upfront expenditure for tomorrow’s mobility ++ BMW Group will offer 25 electrified models by 2025 ++ Germany serves as innovation driver for mobility ++ Krüger: We are resolutely doing things the BMW way ++ Nine-month revenues and earnings up on previous year ++ EBIT margin in target range between 8 and 10 per cent
Munich. As set out in its Strategy NUMBER ONE > NEXT, the BMW Group is committed to playing a key role in tomorrow’s mobility and is investing substantially in new technologies. Against this background, the Group can report after the first three quarters that it remains firmly on track to complete a highly successful financial year 2017. Through sustainable profitability, the BMW Group is strengthening the position of Germany as a centre of expertise and driver of innovation for tomorrow’s mobility and technologies. As the world’s leading provider of premium mobility, the BMW Group always focuses on the needs and desires of its customers and is continuing its ground-breaking work on the four ACES topics (Autonomous, Connected, Electrified and Services/Shared).
"We are resolutely doing things the BMW way, keeping our promises and raising the bar for our own ambitious targets," stated Harald Krüger in Munich on Tuesday. "We are investing substantially in tomorrow's mobility, enabling us to maintain our leading position of innovation and sustainable employment. In this way, we remain a dependable partner for society, policymakers and the environment as well as one of the most attractive employers worldwide.”
YTD deliveries total 2,008,849, increase of 3.4% ++ Electrified sales up 63.7% in first ten months: 78,096 delivered ++ Record sales continue for BMW, MINI and BMW Motorrad
Munich. For the first time ever at this point in the year, the BMW Group has delivered more than two million vehicles to customers around the world. A total of 2,008,849 vehicles have been sold in the first ten months of 2017, an increase of 3.4% on the same period last year. October sales of 197,601 (+0.8%) achieved the same high level as last year, despite the current changeover of the significant BMW X3 model, the new version of which is arriving in dealerships during November.
“Our sales results for the first ten months of the year confirm the broad range and appeal of our model line-up,” commented Dr Ian Robertson, BMW AG Management Board Member for Sales and Brand BMW. “Despite significant model changeovers and headwinds in some of our biggest markets, we have delivered over two million vehicles to customers in the first ten months of the year. Vehicles as wide-ranging as the BMW X1, the BMW 5 Series, 7 Series and the BMW i3, to name just a few, have all contributed to that growth,” he continued
BMW Group deliveries up 5.2% to 220,649 units ++ BMW sales +4.8% to 186,346 vehicles ++ MINI brand sales climb 7.6% to 33,993 cars ++ New BMW 5 Series sedan segment leader for third consecutive month ++ BMW i3 sales YTD November higher than whole of 2016 ++ BMW Group world’s leading manufacturer of premium vehicles
Munich. BMW Group sales continued their positive trend last month with a total of 220,649 vehicles delivered to customers, an increase of 5.2% and a new all-time high for the month of November. With its three premium brands, BMW, MINI and Rolls-Royce, the BMW Group has sold a total of 2,229,497 vehicles so far this year, + 3.6% compared with the same period last year.
“With our strong premium brands, BMW, MINI and Rolls-Royce, the BMW Group covers all segments and is the world’s leading manufacturer of premium vehicles,” commented Dr. Ian Robertson, Member of the Board of Management of BMW AG, responsible for Sales and Brand BMW. “Strong demand for our new BMW 5 Series shows just how popular this new model is with customers around the globe. We also sold more electrified vehicles in November – 11,710 – than ever before in a single month. We are now looking forward to celebrating delivery of our 100,000th electrified vehicle before the end of the year,” Robertson added.
FINANCIAL CALENDAR I 2017 I DATES
21.03.2017 Annual Report 2016
21.03.2017 Sustainable Value Report 2016
21.03.2017 Annual Accounts Press Conference 2017
22.03.2017 Analyst and Investor Conference 2017
04.05.2017 Quarterly Report to 31 March 2017
11.05.2017 Annual General Meeting 2017
03.08.2017 Quarterly Report to 30 June 2017
07.11.2017 Quarterly Report to 30 September 2017
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Balanced Sales Distribution.
BMW Group Automobiles, October 31, 2017.
MINI brand: 300,212
Rolls-Royce brand: 2,617
AUTOMOTIVE DELIVERIES BMW GROUP.
BMW, MINI & ROLLS-ROYCE.
Global Growth 3.4%. As of October 31, 2017.
SALES VOLUME OF AUTOMOBILES first ten months 2017.
CO2 EMISSIONS OF BMW GROUP AUTOMOBILES (EU-28).
EBIT MARGIN AUTOMOTIVE SEGMENT.
BMW GROUP TARGET 8-10%
EBIT automotive segment 7,836 mn. €
EBIT automotive segment 7,695 mn. €
EBIT automotive segment 5,862 mn. €
CAPITAL EXPENDITURE RATIO.
BMW GROUP TARGET <5%
Capital expenditure* 3,826 mn. €
Capital expenditure* 3,731 mn. €
Capital expenditure* 2,817 mn. €
RESEARCH & DEVELOPMENT RATIO (HGB).
BMW GROUP TARGET 5-5.5%
Research and development expenditure (HGB) 5,169 mn. €
Research and development expenditure (HGB) 5,164 mn. €
Research and development expenditure (HGB) 4,058 mn. €