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

PressClub France · Article.

Annonce ad hoc : le free cash flow prévisionnel pour le segment automobile de BMW AG au troisième trimestre 2020 est supérieur aux attentes du marché.

Le free cash flow prévisionnel du segment automobile de BMW AG au troisième trimestre 2020 s'élève à 3 065 millions d'euros (année précédente : 714 millions d'euros) et dépasse donc les attentes actuelles du marché.

Finance d'entreprise, faits, chiffres
·
Entreprise
 

Press Contact.

Britta Ullrich
BMW Group

Tel: +49-89-382-18364
Fax: +49-89-382-24418

send an e-mail

Munich. The preliminary free cash flow for the Automotive segment of BMW AG in the third quarter 2020 amounts to €3,065 million (previous year: €714 million) and thus exceeds current market expectations.

 

This was due in particular to a faster recovery in several markets, which led to higher sales growth. In addition, a focused management has led to an optimisation of working capital and a further reduction of fixed costs and capital expenditure.

 

The impact of this development on the free cash flow for the Automotive segment for the full year will be communicated with the release of the Quarterly Statement to 30 September 2020.

 

The previous earnings forecasts for the individual segments and the Group remain unchanged.

 

Economic disruption caused by the coronavirus pandemic continues to significantly impair forecasting and leads therefore to considerable uncertainty in providing an accurate outlook.

 

BMW AG will publish further details on the results of the third quarter 2020 on 4 November 2020.

 

The definition of free cash flow is provided on page 244 in the BMW Group Annual Report 2019. Working capital comprises inventories as well as trade receivables and trade payables.

 

In case of queries please contact:

 

Corporate Communications

 

Dr. Britta Ullrich, Corporate Communications

Telephone: +49 89 382-18364, britta.ullrich@bmwgroup.com

 

Eckhard Wannieck, Head of Corporate and Culture Communications

Telephone: +49 89 382-24544, eckhard.wannieck@bmw.de

 

Internet: www.press.bmwgroup.com

E-mail: presse@bmwgroup.com

 

 

The BMW Group

 

With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world’s leading premium manufacturer of automobiles and motorcycles and also provides premium financial and mobility services. The BMW Group production network comprises 31 production and assembly facilities in 15 countries; the company has a global sales network in more than 140 countries.

In 2019, the BMW Group sold over 2.5 million passenger vehicles and more than 175,000 motorcycles worldwide. The profit before tax in the financial year 2019 was € 7.118 billion on revenues amounting to € 104.210 billion. As of 31 December 2019, the BMW Group had a workforce of 126,016 employees.

The success of the BMW Group has always been based on long-term thinking and responsible action. The company has therefore established ecological and social sustainability throughout the value chain, comprehensive product responsibility and a clear commitment to conserving resources as an integral part of its strategy.

 

www.bmwgroup.com

Facebook: http://www.facebook.com/BMWGroup

Twitter: http://twitter.com/BMWGroup

YouTube: http://www.youtube.com/BMWGroupView

Instagram: https://www.instagram.com/bmwgroup

LinkedIn: https://www.linkedin.com/company/bmw-group/

Article Offline Attachments.

My.PressClub Login
 

BMW Group Streaming

ANNUAL CONFERENCE 2024.

Munich. Here you can see the on demand webcast of the BMW Group Annual Conference 2024, with the world premiere of the next BMW vision vehicle on the "Road to Neue Klasse".

Open Streaming Page

Add your filter tags.

Communiqué de presse
Dossier de presse
Discours
Fact & Figures
Updates
Top-Topic
Submit filter
Clear all
 
Sun
Mon
Tue
Wed
Thu
Fri
Sat
 
Login