BMW’s revenue and profit numbers for the last year are little different from what we had anticipated. Car deliveries were up by 6% to almost 2.25m while motorcycle deliveries increased by 11% to 136,963. As the ASPs for these two products were up by 7% to €38,059 and €14,530, respectively, consolidated sales increased by almost 15% to more than €92bn. Thanks to the volume increase and in spite of a changed product mix, EBIT increased by 5% to €9.6bn and net earnings

09 Mar 2016
No 2015 earnings surprise and also no anniversary dividend bonus

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No 2015 earnings surprise and also no anniversary dividend bonus
Bayerische Motoren Werke AG (BMW:WBO) | 0 0 0.6% | Mkt Cap: 57,166m
- Published:
09 Mar 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2 -
BMW’s revenue and profit numbers for the last year are little different from what we had anticipated. Car deliveries were up by 6% to almost 2.25m while motorcycle deliveries increased by 11% to 136,963. As the ASPs for these two products were up by 7% to €38,059 and €14,530, respectively, consolidated sales increased by almost 15% to more than €92bn. Thanks to the volume increase and in spite of a changed product mix, EBIT increased by 5% to €9.6bn and net earnings