BMW Group set to sojourn on march in 2016

Posted on 17. Mar, 2016 by in BMW Canada

New highs foresee in sales volume, revenues and earnings

EBIT domain of 8 – 10% targeted for Automotive segment

Target: slight increases in sales volume and pre-tax profit

 

 

Munich. The BMW Group is set to continue a success
story in 2016. “We are targeting new highs for sales volume
and group distinction before tax,” settled Harald
Krüger, Chairman of a Board of Management of BMW AG during a Annual
Accounts Press Conference in Munich on Wednesday. The BMW Group also
expects to sojourn a world’s heading reward manufacturer of vehicles
in 2016.

 

Group distinction before tax is foresee to improve
slightly. The BMW Group advantages from a strong
brands, appealing product operation and a expectancy that
general vehicle markets will continue their generally upward
trend. These auspicious factors contrariety with rising personnel
expenses, heated foe and high levels of upfront expenditure
for new technologies. The tellurian domestic and mercantile sourroundings is
also approaching to sojourn volatile.

 

The Automotive shred is targeting a slight
sales volume increase
in 2016. Alongside a positive
procedure approaching from a new BMW 7 Series, a launches of a new
generations of BMW X1 and MINI Clubman models towards a finish of 2015
are also approaching to boost sales volume sum in 2016. Automotive
shred revenues are therefore approaching to
increase slightly, in line with a arise in sales
volume. The aim operation for a EBIT margin between
8 and 10% remains unvaried for 2016.

 

The BMW Group expects a Motorcycles segment to
continue a ceiling trend in a stream year. The new R NineT
Scrambler and G 310 R models denounced during final autumn’s trade fairs
will enlarge a product portfolio and attract new patron groups. A
slight year-on-year boost in sales
volume
is foresee for a full year.

The Financial Services shred is approaching to continue
behaving good in 2016. Despite rising equity collateral requirements
worldwide, a BMW Group forecasts a return on equity
(RoE) in line with a prior year’s turn (2015: 20.2%), once again
forward of a target rate of during slightest 18%.

 

Forecasts for a stream year are formed on a arrogance that
worldwide mercantile conditions will not change significantly.

 

BMW Group achieves record gain in 2015

 

The BMW Group achieved a sixth record-breaking year in succession
in 2015, posting new highs to date for sales volumes, revenues and
distinction before tax, notwithstanding a flighty marketplace environment.

 

“We have met all of a desirous targets for a financial year,”
settled Krüger. “With another set of considerable sum in its
centenary year, a BMW Group stays a world’s heading provider of
reward vehicles and mobility services.”

 

Automobile sales volume climbed by 6.1% to a new
record turn of 2,247,485 units (2014: 2,117,965 units). With
additional tailwind from enlightened banking factors, Group
revenues
grew by 14.6% in 2015 to € 92,175 million (2014:
€ 80,401 million). Profit before financial result
(EBIT) augmenting by 5.2% to € 9,593 million (2014: € 9,118 million),
especially on a behind of sales volume growth. Group distinction before
tax
(EBT) rose for a initial time above € 9 billion,
augmenting by 5.9% to a new high turn of € 9,224 million (2014:
€ 8,707 million). Group net profit rose for a first
time above € 6 billion, augmenting by 10.0% to a new record turn of
€ 6,396 million (2014: € 5,817 million).

 

Dividend of € 3.20 per share of common batch proposed

 

“The model joining of a workforce and a unfailing
trust placed in us by a shareholders are a pivotal topics that run
by a BMW Group’s success story”, elaborated Krüger.
“To symbol a company’s centenary, we are once again lifting the
associate reward for a permanent staff in Germany, a tip amount
paid in a German reward automobile industry. Dividend payments to our
shareholders will also surpass a dual billion euro symbol for a first
time, reflecting a BMW Group’s glorious opening in 2015.” At the
Annual General Meeting on 12 May 2016 a Board of Management and the
Supervisory Board will introduce to shareholders that the
dividend be augmenting to a new high of € 3.20 per
share of common batch (2014: € 2.90) and € 3.22 per share of preferred
batch (2014: € 2.92). The distribution rate stands at
32.9% (2014: 32.7%), good within a BMW Group’s aim operation of 30 to 40%.

 

Automotive segment’s profitability in aim range

 

Automotive shred revenues grew by 13.8%
year-on-year to € 85,536 million (2014: € 75,173 million), mainly
reflecting a good sales volume performance, new models and
enlightened banking factors. EBIT augmenting by 8.2%
to € 7,836 million (2014: € 7,244 million). The EBIT
margin
came in during 9.2% (2014: 9.6%) and was so in a upper
half of a targeted operation of
8 -10%. Segment profit
before tax
(EBT) softened by 9.3% to a new high of € 7,523
million (2014: € 6,886 million).

 

The BMW code confirmed a tip position in the
reward shred in 2015 by posting a new record sales volume figure.
Deliveries to business were 5.2% aloft during 1,905,234 units (2014:
1,811,719 units), with glorious performances by a BMW 2 Series, the
BMW 4 Series and a BMW X family assisting to expostulate sales volume
growth. Additional movement is approaching in a stream year, in
sole from a new BMW 7 Series and a new BMW X1.

The BMW 2 Series proved unusually renouned in
2015, with deliveries to business reaching a sum of 157,144 units
(2014: 41,038 units), including some-more than 107,000 units of a BMW 2
Series Active and Gran Tourer, that therefore accounted for some-more than
dual thirds of a sum figure for a series. The BMW 4
Series
achieved equally well, consolidating a position as
marketplace personality in a shred with a 27.4% sales volume boost to
152,390 units (2014: 119,580 units). The brand’s expansion is also being
driven by a success of a BMW X family. Sales of
a BMW X4 some-more than doubled to 55,050 units (2014:
21,688 units). Worldwide sales of a BMW X5, also
a marketplace personality in a segment, grew by 14.1% to 168,143 units
(2014: 147,381 units), while a BMW X6 available a
53.1% boost to 46,305 units (2014: 30,244 units).

 

The series of BMW i vehicles delivered to customers
jumped by 65.9% to 29,513 units (2014: 17,793 units), comprising
24,057 units (2014: 16,052 units) of a BMW i3
(+49.9%) and 5,456 units (2014: 1,741 units) of a BMW i8.

 

MINI achieved a new sales volume record in 2015, with
deliveries adult 12.0% to 338,466 units (2014: 302,183 units). Worldwide
sales of a new MINI 5-Door totalled 94,788 units
(2014: 13,113 units), while sales of a MINI 3-Door
edged adult to 127,194 units (2014: 126,938 units; +0.2%). The new
MINI Clubman went on sale in Oct and registered
sales of 8,003 units by a finish of a year.

 

Rolls-Royce Motor Cars recorded a second-best
opening in its
112-year history. The Goodwood-based company
sole 3,785 units worldwide in 2015 (-6.8%), with the
Wraith and Ghost models creation the
largest contributions to a sales volume figure. Demand for a brand
remained high around a world, a usually important difference being
China, where a oppulance shred as a whole felt unbending headwinds.

 

In line with a plan of achieving a offset placement of
worldwide sales, a BMW Group available sales volume expansion in
all vital sales regions. The 4 largest sales
markets for a BMW Group over a past year were China, a USA,
Germany and Great Britain.

 

Sales of BMW Group vehicles in Europe in 2015
exceeded a one-million symbol for a initial time, with a sum of
1,000,427 units (2014: 914,587 units; +9.4%) handed over to customers.
Sales volume was 5.0% aloft in Germany during 286,098 units (2014:
272,345 units) and 12.6% aloft in Great Britain during 230,982 units
(2014: 205,071 units).

 

The gait of expansion in Asia slowed in 2015 as a
outcome of a stability normalisation of a Chinese market. The BMW
Group sole 685,792 units (2014: 658,384 units) in this region, 4.2%
some-more than a prior year, including sales on a Chinese mainland,
that grew by 1.6% to 464,086 units (2014: 456,732 units).

 

The BMW Group also augmenting sales volume in the
Americas region, with a series of vehicles sole up
2.8% to 495,897 units (2014: 482,257 units), including 405,715 units
(2014: 396,961 units) sole in a USA (+2.2%).

 

Significant boost in Motorcycles shred earnings

 

Motorcycles shred revenues grew 18.5% year-on-year
to € 1,990 million (2014: € 1,679 million). EBIT
softened by 62.5% to € 182 million (2014: € 112 million), while
profit before tax modernized by 67.3% to € 179
million (2014: € 107 million). Sales volume increased
by 10.9% to 136,963 units (2014: 123,495 units), thus
outperforming the marketplace as a whole. BMW Motorrad’s 5 largest
markets were Germany, a USA, France, Italy and Spain.

 

Financial Services shred continues to grow

 

The Financial Services shred also continued to perform good in
2015. Segment revenues were 15.2% aloft during € 23,793
million (2014: € 20,599 million), while profit before
tax
softened by 14.6% to € 1,975 million (2014: € 1,723 million).

 

In total, 1,655,961 (2014: 1,509,113) new contracts
were sealed in and with financing and leasing business, up
9.7% on a prior year. The portfolio of franchise and
financing contracts
in place with dealers and retail
business during a finish of a stating duration rose by 8.2% to 4,718,970
contracts (2014: 4,359,572 contracts).

 

Increase in workforce and series of apprentices

 

The workforce augmenting by 5.1% compared with the
prior year. Overall, a BMW Group had a worldwide workforce of
122,244 employees (2014: 116,324 employees) during a finish of the
stating period. The boost especially reflects a ongoing expansion
of a Group’s general prolongation network and a targeted
recruitment of engineers, IT specialists and learned workers indispensable to
step adult a growth of destiny technologies and new services.

 

The BMW Group stretched training activities worldwide. During a past
year, approximately 1,500 young people began an
tutelage within a organisation, including 1,200 in Germany. At
a finish of a stating period, 4,700 immature people worldwide were in
vocational training and training programmes for immature talent within
a BMW Group.

 

 

The BMW Group – an overview

2015

2014

Change in %

Sales volume Automotive

Units

2,247,485

2,117,965

6.1

Thereof:  BMW

Units

1,905,234

1,811,719

5.2

MINI

Units

338,466

302,183

12.0

Rolls-Royce

Units

3,785

4,063

-6.8

Sales volume Motorcycles

Units

136,963

123,495

10.9

 

 

 

 

 

Workforce 1

 

122,244

116,324

5.1

 

 

 

 

 

EBIT margin
Automotive
Segment

Percent

9.2

9.6

-0.4 %Points

 

 

 

 

 

Revenues


million

92,175

80,401

14.6

Thereof:   Automotive

€ million

85,536

75,173

13.8

   Motorcycles


million

1,990

1,679

18.5

   Financial Services

€ million

23,739

20,599

15.2

   Other Entities


million

7

7

   Eliminations


million

-19,097

-17,057

-12.0

 

 

 

 

 

Profit before financial result
(EBIT)

€ million

9,593

9,118

5.2

Thereof:  Automotive

€ million

7,836

7,244

8.2

   Motorcycles


million

182

112

62.5

   Financial Services

€ million

1,981

1,756

12.8

   Other Entities


million

169

71

   Eliminations


million

-575

-65

 

 

 

 

 

Profit before taxation (EBT)

€ million

9,224

8,707

5.9

Thereof:   Automotive

€ million

7,523

6,886

9.3

   Motorcycles


million

179

107

67.3

   Financial Services

€ million

1,975

1,723

14.6

   Other Entities


million

211

154

37.0

   Eliminations


million

-664

-163

 

 

 

 

 

Income taxes


million

-2,828

-2,890

2.1

Net profit


million

6,396

5,817

10.0

Earnings per share 2

9.70/9.72

8.83/8.85

9.9/9.8

1 Figures bar asleep practice contracts, employees in a work
and non-work phases of pre-retirement part-time operative arrangements
and low salary earners

2 Earnings per share of common stock/preferred stock

 

 

 

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

 

Nikolai Glies, Head of Business and Finance Communications

Telephone: +49 89 382-24544, Telefax: +49 89 382-24418

Nikolai.Glies@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 30 prolongation and public facilities
in 14 countries and has a tellurian sales network in some-more than 140 countries.

 

In 2015, a BMW Group sole approximately 2.247 million cars and
scarcely 137,000 motorcycles worldwide. The distinction before taxation for the
financial year 2015 was approximately € 9.22 billion on revenues
amounting to € 92.18 billion. As of 31 Dec 2015, a BMW Group
had a workforce of 122,244 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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