The BMW Group continues to perform well within a volatile market environment and recorded new highs to date for sales volumes, revenues and earnings in the third quarter 2015. These performance indicators also improved for the nine-month period, with new records established in each case.
"We continue to chart a course of profitable growth, with reported figures continuing their upward trend in the first nine months of the year”, stated Harald Krüger, the Chairman of the Board of Management of BMW AG on Tuesday in Munich.
Third-quarter worldwide sales of BMW, MINI and Rolls-Royce brand vehicles rose by 6.9% to 545,062 units (2014: 509,669 units), setting new records for this period. Helped by a tailwind from favourable currency factors, Group revenues climbed by 14.0% to € 22,345 million (2014: € 19,600 million). This strong performance helped push up profit before financial result (EBIT) by 4.3% to € 2,354 million (2014: € 2,256 million). Thanks to improvements within the financial result, Group profit before tax (EBT) increased by 12.8% to € 2,263 million (2014: € 2,006 million). In the third quarter of the previous year, the financial result had been negatively impacted by a number of items, most notably period-end losses arising on the fair value measurement of derivatives. In line with these figures, Group net profit for the third quarter came in at € 1,579 million, significantly higher than one year earlier (2014: € 1,310 million; +20.5%).
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