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BMW Reports Record Sales, Revenue
BMW AG reports record-high unit sales, revenue and pretax profits in 2015. Net profit jumped 10% to a record €6.4 billion ($7 billion).
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BMW AG reports record-high unit sales, revenue and pretax profits in 2015. Net profit jumped 10% to a record €6.4 billion ($7 billion).
The group’s revenue, aided by favorable exchange rates, rose 15% to €92.2 billion ($101 billion) last year. Unit sales grew 6% to 2.25 million passenger vehicles. Pretax profit climbed 6% to €9.2 billion ($10.1 billion).
BMW’s automotive operations saw revenue rise 14% to €85.5 billion ($93.6 billion) last year. Pretax profit advanced 9% to a record €7.5 billion ($8.2 billion).
Demand for BMW brand cars and crossovers rose 5% to 1.91 million units in 2015. Mini sales grew 12% to a record 338,500 cars. Rolls-Royce deliveries fell 7% to 3,800 cars, its second-highest volume ever.
The company predicts a “slight” increase in group sales in 2016 in spite of continued volatility in the the global political and economic environment.
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