BMW 2014 1Q.pdf


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3  

Sales volume of automobiles1

Revenues

in units

in € million

550,000 

20,000 

500,000 

18,000 

450,000 

16,000 

400,000 

14,000 

350,000 

12,000 

300,000 

10,000  






 Q1

 Q2

 Q3

 Q4




 Q1

 Q2

 Q3

 Q4


506,321 481,657 527,620

2013 



18,750

20,210



2014 

18,235



2013 

448,200

2014 

487,024

17,546





Profit before financial result

Profit before tax

in € million

in € million

3,000 

3,000 

2,500 

2,500 

2,000 

2,000 

1,500 

1,500 

1,000 

1,000 

  500 

  500 






 Q1

 Q2

 Q3

 Q4



19,552


 Q1

 Q2

 Q3

 Q4



2013 



2,038 2    2,068

2014 



2,090

1,928 1,951

2013 



2,003 2,032



2014 



2,166

1,989 1,889





BMW Group starts year with record quarter

Revenues and earnings up on previous year

The BMW Group profited from increasingly friendly
market conditions in the first quarter of 2014, particularly in Europe, achieving a new sales volume record
with 487,0241 cars sold (2013: 448,2001 units; + 8.7 %).
The Motorcycles segment also benefited from favour­
able market conditions and set a new first-quarter
sales volume record, selling 28,719 BMW motorcycles
over the three-month period (2013: 24,7323 units;
+ 16.1 %). The main factor driving this positive trend
was the very mild winter in Europe, which effectively
brought forward the beginning of the motorcycling
season.
The Financial Services segment benefited from current
developments in the automobile sector and made a
fine start to the year. A total of 348,072 new lease and
credit financing contracts were concluded with retail
customers during the first three months of the year (2013:
340,328 contracts; + 2.3 %).



The strong sales volume performance is reflected in
Group revenues, which rose to € 18,235 million (2013:
€ 17,546 million; + 3.9 %) for the three-month period.
Group EBIT increased accordingly by 2.6 % to € 2,090 million (2013: € 2,0382 million). Profit before tax amounting
to € 2,166 million represented a new record for first-quarter earnings (2013: € 2,003 million; + 8.1 %).
Workforce increased

The BMW Group had a worldwide workforce of 111,378
employees at 31 March 2014 (31 March 2013: 106,470
employee; + 4.6 %). The increase was attributable to the
growing need for engineers and skilled workers in order
to keep pace with continued strong demand for vehicles
on the one hand and to push ahead with innovations and
develop new technologies on the other.
1

Including the joint venture BMW Brilliance Automotive Ltd., Shenyang
(2013: 43,296 units, 2014: 62,494 units).
Prior year’s figures adjusted due to first-time application of IFRS 10, IFRS 11
and IFRS 12, see note 4.
3
Plus an additional 1,110 Husqvarna motorcycles (until 5 March 2013).
2