Do you need help? Please contact our support team from 9 to 17 CET via support.pressclub@bmwgroup.com.

PressClub Nederland · Article.

BMW Group revenues for 2005 rise to new high level

Revenues up by 5.2% to euro 46,656 million/ Earnings forecast confirmed/ Sales volume expected to increase again in 2006

Sales en Marketing
·
BMW Financial Services
·
Corporate Finance, Feiten, Cijfers
·
Corporate

Press Contact.

Diederik Reitsma
BMW Group

Tel: +31-70-4133-385

send an e-mail

Author.

Diederik Reitsma
BMW Group

Revenues up by 5.2% to euro 46,656 million/ Earnings forecast confirmed/ Sales
volume expected to increase again in 2006

Munich. The BMW Group has grown faster than the market as a whole and faster
than all relevant competitors in the financial year 2005 and has achieved new
record figures for sales volume and revenues. Group revenues rose by 5.2% to
euro 46,656 million (2004: euro 44,335 million). Revenues of the Automobile
segment increased by 7.8% to euro 45,861 million (2004: euro 42,544 million).
The Motorcycles segment recorded revenues of euro 1,223 million (+18.9%; 2004:
euro 1,029 million). Revenues of the Financial Services segment increased by
14.4% to euro 9,408 million (2004: euro 8,226 million).

With 1,327,992 BMW, MINI and Rolls-Royce brand cars sold in 2005, the BMW Group
beat the sales volume record set in the previous year by 9.9% (2004: 1,208,732
cars).

Earnings forecast 2005
In the light of this positive performance, Helmut Panke, Chairman of BMW AG's
Board of Management, confirms the earnings forecast for 2005: "The adverse
external factors - unfavourable exchange rates, high raw material prices and
intense competition - which we reported from the very beginning of the year
have been largely offset by increased sales volume and internal efficiency
improvement measures. For the financial year 2005, we will therefore achieve
approximately the previous year's high earnings level."

Sales volume outlook for 2006
The BMW Group will continue to pursue its successful product initiative in the
future. Thanks to the strong range of brands and products, further growth
potential is forecast for the current year: "We expect the BMW Group to remain
on growth course in the financial year 2006. Our aim is to increase sales
volume yet again and once again set a new record", Panke stated.

Capital expenditure remains at a high level
Capital expenditure in 2005, at euro 3,993 million, remained at a high level,
decreasing by 8.1% (2004: euro 4,347 million). Capitalised development costs
recognised as assets in accordance with IAS increased to euro 1,396 million
(+24.5%; 2004: euro 1,121 million). A total of euro 2,597 million (-19.5%;
2004: euro 3,226 million) was invested in property, plant and equipment and in
intangible assets.

Workforce remains constant
At the end of 2005, the BMW Group had a worldwide workforce of 105,798
employees, similar to the high level one year earlier (-0.2%; 31 December 2004:
105,972 employees). The number of trainee positions, at 4,464, remained the
same as at the end of the previous year.

Production volume increased
As a result of the higher level of sales volume, the BMW Group also achieved
new record figures in production volume terms: in total, 1,323,119 BMW, MINI
and Rolls-Royce brand cars were manufactured, an increase of 5.8% (2004:
1,250,345 units). More than 50,000 BMW 3 Series cars were manufactured at the
new Leipzig plant between March 2005, when series production commenced, and the
end of the year.

Automobiles: all brands achieve new sales volume highs
The sales volume of all brands reached record levels in 2005. The BMW Group is
therefore the most successful supplier of premium cars in the world. With its
core model series (the 3, 5 and 7 Series), the BMW brand was the frontrunner in
2005 in each of the relevant segments.

1,126,768 BMW brand cars were sold in 2005, surpassing the previous year's
level (1,023,583) by 10.1%. "This growth reflects the strength of the BMW brand
product portfolio and highlights the underlying strength of our worldwide sales
organisation", commented Mr. Panke. With a total of 149,493 units sold, the BMW
1 Series enjoyed extremely high demand in its first full year of production
(2004: 39,247 units). The BMW Group's best-selling car, with 229,932 units
sold, was the new 3 Series Limousine, which was introduced onto the market in
March 2005 and accounted for 17% of the total sales volume for 2005. In total,
434,342 units of the BMW 3 Series were sold worldwide in 2005. This means that
the previous year's sales volume was almost matched (-3.4%; 2004: 449,732
units) despite the model changes of the two best-selling models, the 3 Series
Limousine and the 3 Series Touring. With 228,389 units sold in 2005, the BMW 5
Series also came close to achieving the previous year's high level (-0.5%;
2004: 229,598 units). The number of BMW 6 Series cars sold rose by 10.9% to
23,340 units, well above the previous year's level (2004: 21,040 units). In
the luxury class, a total of 50,062 BMW 7 Series cars were delivered to
customers (2004: 47,689 units), an increase of 5.0%.

The BMW X3 recorded strong growth: the number of Sports Activity Vehicles
delivered rose by 20.0% to 110,719 (2004: 92,248) units. The BMW X5, in its
sixth year since market launch, also remained much sought after, and with
101,537 vehicles sold, almost achieved the previous year's high level
(-3.3%/104,988 units). In total, almost 535,000 BMW X5 vehicles have been sold
since market launch in December 1999. The sales volume of the Z4 in 2005, at
28,808 units, was below the previous year's level (-25.1%; 38,483 units). The
BMW Group presented the revised model of this Roadster in January at the
Detroit Auto Show. The new Z4 Coupé will come onto the market at the middle of
2006.

For the first time, more that 200,000 MINI brand cars were sold in a single
year, with the number of cars delivered increasing by 8.7% to 200,428 (2004:
184,357) units. The product mix of the closed version of the MINI and of the
MINI Convertible increased in value again compared to the previous year. The
brand's top model, the MINI Cooper S, recorded the most pronounced growth, with
sales volume rising by 25.8% to 56,916 (2004: 45,246) units or 28.4% of the
total sales volume of the MINI. The MINI Cooper remained the most popular model
with a sales volume of 89,079 units (+1.4%; 2004: 87,875 units) or 44.4% of the
total sales volume of the MINI. 54,433 or 27.2% of customers opted for the
starter model, Mini One (+6.2%; 2004: 51,236 units).

The Rolls-Royce brand confirmed its position at the top of the absolute luxury
class. 796 Phantoms were delivered to customers, slightly more than the 792
sold in the previous year.

Motorcycles sales volume also increases significantly
The Motorcycles segment was also able to achieve growth on the back of its new
models: the sales volume for the full year rose by 5.6% to 97,474 (2004:
92,266) units.

Financial Services still on growth course
The BMW Group expanded its activities in the Financial Services segment and
remained on growth course in 2005. The volume of new retail customer contracts
rose by 13.2% to euro 23,507 million, and hence reached a new record level
(2004: euro 20,759 million). At 41.1%, the proportion of new BMW and MINI cars
financed by the Financial Services segment in 2005 was marginally lower than in
the previous year (2004: 42.0%).

Article Offline Attachments.

My.PressClub Inloggen

PressClub Information

RSS NEWS FEED.

Open Website

With the PressClub RSS service, you can also receive publications as a news feed. Choose from various topic-specific feeds as needed, or use the feed with the latest articles to stay up to date.

CO2 emission information.

De CO2 efficiency specificaties zijn vastgesteld op basis van de huidige toepasselijke tekst van de EU Verordening 2017/1151. De getoonde waarden zijn gebaseerd op het brandstofverbruik, CO2 waarden en energieverbruik volgens de NEDC cyclus voor de classificatie. Aanvullende informatie met betrekking tot het officiële brandstofverbruik en de specifieke CO2 uitstoot van nieuwe personenvoertuigen kan verkregen worden uit het “Brandstofverbruiksboekje van de RDW”, dat digitaal verkrijgbaar is via de link.

Change Search Settings.

Persbericht
Persmap
Toespraak
Fact & Figures
Spaans
  • Taal
  • Amerikaans-Engels
  • Arabisch
  • Brits-Engels
  • Chinees (vereenvoudigd)
  • Diverse talen
  • Duits
  • Engels
  • Frans
  • Italiaans
  • Koreaans
  • Nederlands
  • Russisch
  • Spaans
Updates
Top-Topic
Submit
Reset
 
Sun
Mon
Tue
Wed
Thu
Fri
Sat
 
Inloggen