BMW has posted a powerful set of monetary outcomes for 2021, together with new data for gross sales revenues, earnings and web revenue.
Deliveries had been up 8.4%, to 2,521,514 models, of which 13% had been electrified automobiles (328,314 models/ +70.4% YOY).
Group web revenue reached a brand new all-time excessive of € 12,463 million (prev. yr.: € 3,857 million/ +223.1%).
Group revenues climbed to € 111,239 million (prev. yr.: € 98,990 million/ +12.4%). With the next proportion of high-revenue automobiles, the BMW Group benefited from optimistic product-mix results and improved pricing – each for the sale of latest automobiles and the resale of end-of-lease automobiles.
Decrease year-on-year worker numbers and modernisation of the pension scheme for workers in Germany resulted in a decrease value of gross sales within the excessive three-digit million euro vary. Nevertheless, this was partially offset by increased bills for performance-based remuneration in the price of gross sales. Additional headwinds resulted from increased uncooked materials costs.
The fourth quarter was hit by constrained gross sales on account of semiconductor provide bottlenecks, in addition to rising power and uncooked materials costs. Within the Automotive Phase in This fall, the EBIT of € 1,925 million (prev. yr.: € 2,010 million/ -4.2%) was down barely year-on-year, basically because of the decrease gross sales quantity, BMW stated.
“The previous 12 months offers clear proof that profitable transformation bears fruit. The robust earnings we achieved in monetary 12 months 2021 are the results of our constant technique – with the proper merchandise on the proper time,” stated BMW AG CEO Oliver Zipse.
