Statement Oliver Zipse AGM 2024. +++ Strong today – Strong tomorrow. +++ Our BMW way into the future
Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 31 March 2024
Report on the BMW Group’s economic performance and its ecological and social contributions
Statement Zipse Annual Conference 2022
The BMW Group delivered 1,932,236 BMW, MINI and Rolls-Royce vehicles to customers in the year to the end of September – a significant increase in sales of +17.9 percent year-on-year. All brands reported sales growth in all regions of the world. The company continued to build on its strong competitive position in key core markets such as the US, Europe and China.
No suspicion of unlawful defeat devices against BMW Group +++ European Commission enters uncharted territory for antitrust law +++ Settlement agreed after most allegations dropped +++ Applying for leniency was not an option for the BMW Group +++ Talks had no influence on company's product decisions and therefore did not disadvantage customers at all +++ BMW Group took own approach to exhaust gas treatment from the start +
BMW Group sales +39.1 percent higher year-on-year; 1,339,080 vehicles sold in first six months +++ Sales up +7.1 percent from pre-crisis year 2019 +++ Sales increase for all brands and regions +++ Deliveries of electrified vehicles more than doubled (153,267 vehicles, +148.5%) +++ Pieter Nota: “Strong sales for first half-year – continuing on growth track with decisive expansion of electrification” +++
The BMW Group is underpinning its mission for sustainable mobility with ambitious goals for the reduction of greenhouse gases: At today’s Annual General Meeting, the company announced that it will avoid emission of over 200 million tonnes of CO2 by 2030. This is equivalent to more than 20 times the annual CO2 emissions of a city with over a million inhabitants, like Munich.
BMW Group New Zealand has concluded the first quarter of 2021 on a high note, posting 20.4 per cent sales growth for the BMW and MINI brands combined.
BMW Group sells 636,606 vehicles in Q1 (+33.5%) +++ Sales higher in all major regions of the world +++ Sales growth at BMW, MINI and Rolls-Royce +++ Electrified vehicle sales more than double +++ Pieter Nota: “All-time sales high in first quarter underlines our ambitious growth targets” +++
Report on the BMW Group’s economic performance and its ecological and social contributions.
Statement Dr Peter Annual Conference 2021
The BMW Group has entered 2021 with ambitious targets for growth and profitability and will be putting the first forerunners of its far-reaching technology offensive on the roads in the coming months. At the same time, it has set the course for a comprehensive realignment. From the middle of the decade, a new generation of models will take premium mobility to a new level from a technological perspective.
Group profit before tax for second half-year up 9.8% year-on-year +++ Q4 EBIT margin of 7.7% in Automotive segment +++ Full-year EBIT margin at higher edge of target range +++ Free cash flow of € 3.4 billion despite lockdowns above previous year +++ Dividend of € 1.90 per share of common stock proposed +++ Zipse: "Starting 2021 with a favourable tailwind" +++
BMW Group sells 2,324,809 units in 2020 (-8.4%) +++ BMW Q4 sales up 4.3% from previous year (600,799 vehicles) +++ Sales of electrified vehicles increase by a third (+31.8%) +++ As promised: BMW Group meets EU CO2 fleet targets in 2020 +++ Pieter Nota: “Responded to the effects of the corona pandemic with agility in sales management and production. Have overfulfilled EU CO2 fleet targets with under 100 g/km.” +++
Zipse: “Third-quarter performance underlines BMW Group’s operational strength” +++ Peter: “We are in an intense cost competition” +++ Profit before tax in Q3 rises to approximately € 2.5 billion +++ Return on sales of 9.4% in Q3 +++ Free cash flow in Q3 exceeds € 3 billion +++ EBIT margin for Automotive segment within 2020 target range for nine-month period +++ E-autos to be manufactured at all German plants by 2022 +++
BMW Group sells 675,680 units in third quarter (+8.6%) +++ Europe region delivers 275,618 vehicles to customers in Q3 (+7.1%) +++ China up 6.4% after first nine months (559,681 vehicles) +++ Sales situation still reflects regional impact of coronavirus pandemic +++ Pieter Nota: “Sales growth of almost 50 percent for electrified vehicles in third quarter” +++
The BMW Group is making sustainability and resource efficiency central to the company’s strategic direction. Chairman of the Board of Management Oliver Zipse announced initial details of this strategic direction in Munich today and presented the targets the company has set itself for the phase up to 2030.
Protecting employees and taking responsibility for society +++ Safeguarding liquidity and the company’s long-term success +++ Around 80% of retail outlets closed in Europe; 70% in the US +++ BMW Group sells 477.111 vehicles in first quarter +++ Pieter Nota: “China shows first signs of recovery” +++ Plus 14% electrified vehicles. On track to meet CO2 targets +++
BMW Group New Zealand has seen great success in what has been a challenging market throughout 2019, with vehicle sales across its BMW and MINI brands growing by 8.7 per cent from the previous year, despite the total car market falling by -3.7 per cent.
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