Ad hoc: Profit before taxation and revenues of BMW Group above marketplace expectations in initial entertain of 2017

Posted on 20. Apr, 2017 by in BMW Canada

 

Munich. In a initial entertain of a financial year
2017, a BMW Group achieved a distinction before taxation of € 3,005 million
(2016 Q1: € 2,368 million / +26.9%). This outcome exceeds current
marketplace expectations and was driven in sole by certain gratefulness effects.

 

The poignant boost of a distinction before taxation was mostly due to
a following effects in a financial result:

  • A certain gratefulness outcome of € 183 million in tie with
    a appearance of new investors in a mapping use HERE
  • An boost in a other financial outcome of € 122 million, driven
    especially by gratefulness effects
  • A aloft distinction grant from a Chinese corner try BMW
    Brilliance Automotive Ltd.

 

Group revenues totalled € 23,448 million in a stating period, an
boost of 12.4% compared with final year’s figure of € 20,853 million.

 

Segment formula were as follows (in € million):

 

 

In a Automotive shred a EBIT domain (profit/loss before
financial outcome as a commission of revenues) was 9.0% in the
stating duration (2016 Q1: 9.4%).

The BMW Group continues to aim a slight boost in Group profit
before taxation and an EBIT domain in a automotive shred within the
operation of 8 to 10% for a financial year 2017.

 

All mentioned total are rough and unaudited.

 

The full formula of a initial entertain of 2017 will be published on 4
May 2017.

 

 

For questions greatfully contact:

 

Corporate Communications

 

Max-Morten Borgmann, Business and Finance Communications

Telephone: +49 89 382-24118, Fax: +49 89 382-24418


Max-Morten.Borgmann@bmwgroup.com

 

Michael Rebstock, Business and Finance Communications

Telephone: +49 89 382-20470, Fax: +49 89 382-24418


michael.rebstock@bmwgroup.com

 

Internet:
www.press.bmwgroup.com

e-mail:
presse@bmw.de

 

 

The BMW Group

 

With a 3 brands BMW, MINI and Rolls-Royce, a BMW Group is the
world’s heading reward manufacturer of automobiles and motorcycles
and also provides reward financial and mobility services. As a global
company, a BMW Group operates 31 prolongation and public facilities
in 14 countries and has a tellurian sales network in some-more than 140 countries.

 

In 2016, a BMW Group sole approximately 2.367 million cars and
145,000 motorcycles worldwide. The distinction before taxation was approximately
€ 9.67 billion on revenues amounting to € 94.16 billion. As of 31
Dec 2016, a BMW Group had a workforce of 124,729 employees.

 

The success of a BMW Group has always been formed on long-term
meditative and obliged action. The association has therefore established
ecological and amicable sustainability via a value chain,
extensive product shortcoming and a transparent joining to
conserving resources as an constituent partial of a strategy.

 


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