The BMW Group registers higher sales volume, revenues, and profit in Q1

Motorcycles segment records new highs

The Motorcycles segment continues to perform well. Segment revenues for the three-month period grew by 20.1 per cent to € 567 million (2014: € 472 million) on the back of good sales volumes and a high-value model mix. EBIT rose by 79.7 per cent to € 115 million (2014: € 64 million), while profit before tax advanced by 81.0 per cent to € 114 million (2014: € 63 million).

Sales volume climbed by 9.2 per cent to 31,370 units (2014: 28,719 units). The figures reported for earnings and sales volume represented new first-quarter highs. The upward trend in business has been further boosted by the new BMW R 1200 R, R 1200 RS, S 1000 RR, S 1000 XR and F 800 R models, which have been in the showrooms since March.

Another successful quarter for Financial Services

The Financial Services segment continued to perform well during the period from January to March, recording new first-quarter highs. Segment revenues were 23.9 per cent higher at € 6,058 million (2014: € 4,890 million), while profit before tax rose by 23.4 per cent to € 559 million (2014: € 453 million). The segment result benefited in particular from favourable exchange rate developments.

In total, 384,565 (2014: 348,072) new financing and leasing contracts were signed during the first quarter, 10.5 per cent more than in the previous year. The number of lease and financing contracts increased by 6.0 per cent to a total of 4,419,817 contracts (2014: 4,170,318 contracts).

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