BMW are celebrating a prosperous and promising start to 2016, with exceptional figures putting the Group on firm footing.
Profit before tax is 4.4% higher than the year prior, totalling an impressive 2.37 billion Euros. The Group’s EBIT margin is also a respectable 9.4% in the Automotive segment, while net profit is on a high of 1.64 billion Euros; that’s a rise of 8.2%.
The Group’s sales volumes have also increased by 5.9%, to a total of 557,605 units; notable contributions include a 20.3% boost in sales of the BMW 7-Series, a 67.6% hike for the BMW X1 and a rise of 26.9% for the X3.
BMW Group are committed to keeping themselves at the forefront of the motor industry, presenting its Strategy Number ONE > NEXT in March, continuing innovation to revolutionise the future of motoring. To stay on top of all the latest developments from BMW, please visit www.ridgeway.co.uk/bmw .