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Bayerische Motoren Werke AG

EANS-Adhoc: Bayerische Motoren Werke Aktiengesellschaft
BMW Group raises sales volume and earnings forecast for 2010

  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
13.07.2010
BMW Group raises sales volume and earnings forecast for 2010
•       Business performance better than expected
•       BMW Group expects sales volumes in 2010 to rise by around 10% to over
         1.4 million units
•       Full-year EBIT margin of over 5% expected for the Automobiles segment
•       Financial Services segment aiming for earnings considerably above last
         year - return on equity of over 18% achievable in 2010
Improved business conditions on the international automobile markets 
mean that the BMW Group now expects to report much better 
second-quarter and full-year earnings than previously forecast.
13.1% more cars were sold during the first half of the year compared 
to the same period last year.
For the full year, the company expects sales volumes to rise by 
around 10% to more than 1.4 million units. In addition to the 
recovery of the worldwide markets, strong demand for new models such 
as the BMW 5 Series and BMW X1 has had a positive impact on the 
business development.
In view of the improved situation on the car markets, the BMW Group 
now forecasts a full-year EBIT margin of over 5% for its Automobiles 
segment.
As a result of attractive market conditions and a less acute risk 
situation, the Financial Services segment is striving for a 
significant increase in pre-tax earnings with a target return on 
equity of over 18%.
Based on this much improved outlook, the BMW Group expects the 
full-year profit before tax to rise more sharply than previously 
forecast.
A significant improvement in Group earnings had already been 
predicted for 2010. The Automobiles segment was forecast to achieve 
solid, single-digit sales volume growth and an EBIT margin within a 
low, single-digit percentage range. An improvement in Financial 
Services segment earnings had also been forecast.
Given that numerous economic risks remain in the second half of the 
year, the new outlook is based on the condition that the economic 
recovery continues and that general business conditions are not 
significantly dampened.
For the year 2012, the BMW Group continues to target an EBIT margin 
of between 8% and 10% and a return on capital employed (ROCE) in 
excess of 26% for its Automobiles segment. The Financial Services 
segment is aiming to achieve a return on equity of at least 18%.
The Quarterly Report to 30 June 2010 will be published on 3 August 
2010.
end of announcement                               euro adhoc

Further inquiry note:

Susanne Meis
Tel.: +49(0)89 382 33005
E-Mail: susanne.meis@bmw.de

Branche: Automotive Equipment
ISIN: DE0005190003
WKN: 519000
Index: DAX, CDAX, HDAX, Prime All Share
Börsen: SIX Swiss Exchange / Hauptsegment
Frankfurt / regulated dealing/prime standard
Berlin / regulated dealing
Hamburg / regulated dealing
Stuttgart / regulated dealing
Düsseldorf / regulated dealing
Hannover / regulated dealing
München / regulated dealing

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