Krüger: "Systematically working to ensure operational excellence" +++ Operating efficiency: Performance > NEXT offers potential efficiencies in excess of € 12 billion by 2022 +++ Upfront expenditure expected to remain high +++ New structure for sales divisions +++ EBIT margin of 8 to 10 per cent remains ambition +++ Challenges influence 2019 outlook
Munich. On its way towards the mobility of the future, the BMW Group is taking strategic steps to enhance its operating performance on a sustainable basis. As well as systematically implementing its strategy NUMBER ONE > NEXT, the company is also focusing on faster processes, leaner structures and therefore greater efficiency. In view of the many challenges currently facing the automotive sector, the BMW Group is ensuring it maintains its financial strength to influence and decisively shape individual premium mobility moving into the next decade, just as it has over the past ten years.
"After three years of Strategy NUMBER ONE > NEXT, we remain firmly on course, having established a strong position as one of the world's top providers of e-mobility. We lead the European market and will soon go into series production of our fifth generation of electric drivetrain systems. We’re significantly expanding our presence in the upper luxury class. Our first highly automated vehicle will become available in 2021 and we are already now paving the way for the development of the next generation of groundbreaking technology. In the field of mobility services, we are joining forces with Daimler AG to create even greater momentum," said Harald Krüger, Chairman of the Board of Management of BMW AG, in Munich on Wednesday. "We need to work systematically on our operational excellence in order to leverage these strategic advances and ensure our ability to use our own underlying strength to help shape the sector’s transformation going forward," he added.
Munich. The BMW Group has secured a major order from INEOS Automotive Ltd. for the delivery of petrol and diesel engines. The contract is a further important step in the BMW Group’s strategy to expand its business providing drivetrains to industrial customers.
The powerful and efficient BMW TwinPower Turbo engines are destined for INEOS Automotive Ltd.’s new off-road vehicle project under a contract that foresees the delivery of a high-range five-digit number of engines. With this agreement, the BMW Group opens up additional sales channels and taps new growth potential.
“Our company is famous for efficient high-performance engines that are among the best in the world”, said Pieter Nota, Member of the BMW AG Board of Management responsible for Sales and Brand BMW and Aftersales BMW Group. “We offer a broad range of premium, tailor-made drivetrain technologies and services for carmakers and other customers and believe this is a business area with real growth potential.”
BMW, MINI and Rolls-Royce to be part of one single Sales Division, headed by Nota +++ Schwarzenbauer to promote transformation to e-mobility +++ BMW Motorrad to join Development Division +++ Krüger: “Clear message for lean, future-proof structures
Munich. The BMW Group is reorganising its Board of Management to create a new leaner, future-oriented structure. From 1 April 2019, the BMW, MINI and Rolls-Royce automotive brands will be part of a new central Sales Division. It will be headed by Pieter Nota, Member of the BMW AG Board of Management responsible until now for Sales and Brand BMW, Aftersales BMW Group. Nota will also remain responsible for additional functions including brand and product management and aftersales. Meanwhile, BMW Motorrad will become part of the Development Division under Management Board member Klaus Fröhlich.
“We are restructuring our divisions to give us the best possible foundation for the future. It sends out a clear signal that our organisation is lean and efficient throughout the company,” said Harald Krüger, Chairman of the BMW AG Board of Management, speaking in Munich on Friday.
Balanced Sales Distribution in all major regions.
BMW Group Automobiles in 2018.
MINI brand: 361,531
Rolls-Royce brand: 4,107
AUTOMOTIVE DELIVERIES BMW GROUP.
BMW, MINI & ROLLS-ROYCE.
Global Growth 1.1% as of 31 December 2018.
SALES VOLUME OF AUTOMOBILES in 2018.
CO2 EMISSIONS OF BMW GROUP AUTOMOBILES (EU-28).
EBIT MARGIN AUTOMOTIVE SEGMENT.
BMW GROUP long-term TARGET 8-10%
EBIT automotive segment 7,695 mn. €
EBIT automotive segment 7,863 mn. €
EBIT automotive segment 6,182 mn. €
CAPITAL EXPENDITURE RATIO.
BMW GROUP TARGET <5%
Capital expenditure* 3,731 mn. €
Capital expenditure* 4,688 mn. €
Capital expenditure* 5,029 mn. €
RESEARCH & DEVELOPMENT RATIO (HGB).
BMW GROUP long-term TARGET 5-5.5%
Research and development expenditure (HGB) 5,164 mn. €
Research and development expenditure (HGB) 6,108 mn. €
Research and development expenditure (HGB) 6,890 mn. €
DIVIDEND FOR THE FINANCIAL YEARS 2015 – 2018.
(PER ORDINARY STOCK IN €)
OUTLOOK FOR THE BMW GROUP IN 2018.
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]||