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BMW Motorrad Earnings Up
Worldwide sales of BMW motorcycles during the first nine months of 2005 were up 12% compared to the same period in 2004, the German manufacturer revealed this week.
BMW Motorrad, a unit of Munich-based BMW AG, posted revenue of approximately $1.19 billion for the first nine months of the year, up 21% from revenues during the same period of the previous year, and said earnings were $102.8 million for the period, up 49.2%
BMW AG’s group revenues for the first nine months of the year were nearly $40 billion, up 2.7% from revenues during the same period in 2004. Pre-tax earnings were approximately $2.80 billion, down 12.5%.
