POST Online Media Lite Edition



 

BMW Group Q2 revenues rose by 4.5%

Staff Writer |
Second-quarter sales volume of the BMW Group’s three premium brands (BMW, MINI and Rolls-Royce) climbed by 5.7% to 605,534 units (2015: 573,079 units), thereby marking a new high for a quarter.

Article continues below






Once again, the BMW Group was the world’s leading manufacturer of premium vehicles.

Second-quarter revenues rose by 4.5% to €25,014 million (2015: €23,935 million). At €2,725 million, profit before financial result (EBIT) was 7.9% higher than one year earlier (2015: €2,525 million).

Group profit before tax (EBT) increased by 8.4% to a new high level of €2,798 million (2015: €2,582 million). Group net profit rose by 11.4% to €1,949 million (2015: €1,749 million), also marking a new record for a second quarter.

Six-month sales recorded by the Automotive segment rose by 5.8% to reach a new high of 1,163,139 units (2015: 1,099,748 units). The strategy of balancing sales worldwide continued to pay off, allowing fluctuations in some markets to be offset.

Six-month revenues edged up by 2.3% to €45,867 million (2015: €44,852 million). Profit before financial result (EBIT) rose by 2.7% to €5,182 million (2015: €5,046 million).

Group profit before tax (EBT) increased by 6.5% to a new all-time high level of €5,166 million (2015: €4,851 million). Group net profit rose by 10.0% to €3,590 million (2015: €3,265 million), also marking a new record for the first six months of a year.


What to read next

The Andersons Q1 income $0.80 per diluted share
ARM Holdings revenues up 16%
Telekom Austria revenues were stable