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BMW Motorrad: Motorcycle revenue up 14 percent

BMW Motorrad announced its third quarter results, including the highest recorded delivery volume figure to date in the motorcycle segment. 

The motorcycles segment performed well in the third quarter. Deliveries to customers in the period from July to September rose by 11.7 percent to 39,429 units (2016: 35,290 units). Accordingly, revenues grew by 14 percent to € 514 million (2016: € 451 million). Profit before financial result was significantly higher at € 53 million (2016: € 32 million; +65.6 percent), resulting in an EBIT margin of 10.3 percent (2016: 7.1 percent). Profit before tax for the third quarter improved to € 53 million (2016: € 32 million; +65.6 percent).

During the first nine months of the year, a total of 127,818 BMW motorcycles and maxi-scooters were delivered to customers (2016: 116,044 units; +10.1 percent). Revenues grew by 11.1 percent to € 1,833 million (2016: € 1,650 million). Profit before financial result improved significantly, rising by 25.9 percent to € 282 million (2016: € 224 million). The segment EBIT margin came in at 15.4 percent (2016: 13.6 percent). Profit before tax increased to € 281 million (2016: € 223 million; +26.0 percent).

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