The BMW Group achieved its sixth record-breaking year in succession in 2015, posting new highs to date for sales volumes, revenues and profit before tax, despite a volatile market environment.
"We have met all of our ambitious targets for the financial year", stated Harald Krüger, Chairman of the Board of Management of BMW AG on Wednesday in Munich. “With another set of impressive figures in its centenary year, the BMW Group remains the world's leading provider of premium vehicles and mobility services.”
Automobile sales volume climbed by 6.1% to a new record level of 2,247,485 units (2014: 2,117,965 units).
With additional tailwind from favourable currency factors, Group revenues grew by 14.6% in 2015 to € 92,175 million (2014: € 80,401 million). Profit before financial result (EBIT) increased by 5.2% to € 9,593 million (2014: € 9,118 million), mainly on the back of sales volume growth. Group profit before tax (EBT) rose for the first time above € 9 billion, increasing by 5.9% to a new high level of € 9,224 million (2014: € 8,707 million). Group net profit rose for the first time above € 6 billion, increasing by 10.0% to a new record level of € 6,396 million (2014: € 5,817 million).
Automotive segment revenues grew by 13.8% year-on-year to € 85,536 million (2014: € 75,173 million), mainly reflecting the good sales volume performance, new models and favourable currency factors. EBIT increased by 8.2% to € 7,836 million (2014: € 7,244 million). The EBIT margin came in at 9.2% (2014: 9.6%) and was thus in the upper half of the targeted range of 8 -10%. Segment profit before tax (EBT) improved by 9.3% to a new high of € 7,523 million (2014: € 6,886 million).
The BMW brand maintained its top position in the premium segment in 2015 by posting a new record sales volume figure. Deliveries to customers were 5.2% higher at 1,905,234 units (2014: 1,811,719 units), with excellent performances by the BMW 2 Series, the BMW 4 Series and the BMW X family helping to drive sales volume growth. Additional momentum is expected in the current year, in particular from the new BMW 7 Series and the new BMW X1.
Press release by BMW
