Bayerische Motoren Werke Ag · XETR:BMW
Bayerische Motoren Werke — Bayerische Motoren Werke Aktiengesellschaft — Q1 2021 Earnings Presentation
30 slides from Bayerische Motoren Werke's earnings presentation, May 7, 2021
Slide 1: Quarterly Statement 31 March 2021
QUARTERLY STATEMENT 31 March 2021
Slide 2: Contents
BMW Group Contents 2 Quarterly Statement 2021 CONTENTS 8 INTERIM GROUP MANAGEMENT REPORT 9 Report on Economic Position 9 General Economic Environment 9 Group Overview 12 Automotive Segment 17 Financial Services Segment 18 Other Entities Segment and Eliminations 19 Report on Outlook, Risks and Opport
Slide 3: Contents: Interim Group Financial Statements
BMW Group Contents 3 Quarterly Statement 2021 23 INTERIM GROUP FINANCIAL STATEMENTS 24 Income Statement for Group and Segments for the period from 1 January to 31 March 25 Balance Sheet for Group and Segments 27 Condensed Cash Flow Statement for Group and Segments for the period from 1 January to 31
Slide 4: BMW Group at a Glance
BMW Group BMW Group at a Glance 4 Quarterly Statement 2021 BMW GROUP AT A GLANCE 5 BMW Group in Figures
Slide 5: BMW Group in Figures
BMW Group BMW Group at a Glance 5 Quarterly Statement 2021 BMW Group in Figures BMW GROUP IN FIGURES KEY PERFORMANCE INDICATORS REPORTED DURING THE YEAR 1st quarter 2021 1st quarter 2020 Change in % GROUP Profit before tax € million 3,757 798 – AUTOMOTIVE SEGMENT Deliveries 1, 2 units 636,606 477,11
Slide 6: Further Performance Figures: Deliveries and Production
BMW Group BMW Group at a Glance 6 Quarterly Statement 2021 BMW Group in Figures FURTHER PERFORMANCE FIGURES 1st quarter 2021 1st quarter 2020 Change in % AUTOMOTIVE SEGMENT Deliveries 1 BMW 2 units 560,543 411,809 36.1 MINI units 74,683 64,449 15.9 Rolls-Royce units 1,380 853 61.8 Total 2 units 636,
Slide 7: Further Performance Figures: Revenues, EBIT, EBT
BMW Group BMW Group at a Glance 7 Quarterly Statement 2021 BMW Group in Figures FURTHER PERFORMANCE FIGURES 1st quarter 2021 1st quarter 2020 Change in % Free cash flow Automotive segment € million 2,522 – 2,218 – Group revenues € million 26,778 23,252 15.2 Automotive € million 22,762 17,989 26.5 Mo
Slide 8: Interim Group Management Report
BMW Group Interim Group Management Report 8 Quarterly Statement 2021 INTERIM GROUP MANAGEMENT REPORT 9 Report on Economic Position 9 General Economic Environment 9 Group Overview 12 Automotive Segment 17 Financial Services Segment 18 Other Entities Segment and Eliminations 19 Report on Outlook, Risk
Slide 9: Report on Economic Position
BMW Group Interim Group Management Report 9 Quarterly Statement 2021 Report on Economic Position REPORT ON GENERAL ECONOMIC ENVIRONMENT GROUP OVERVIEW ECONOMIC POSITION INTERNATIONAL AUTOMOBILE MARKETS BMW GROUP REMAINS ON GROWTH COURSE WITH RECORD NUMBER OF DELIVERIES IN FIRST QUARTER Overall, inte
Slide 10: Significant Improvement in Group Earnings as Recovery Continues
BMW Group Interim Group Management Report 10 Quarterly Statement 2021 Report on Economic Position SIGNIFICANT IMPROVEMENT IN GROUP EARNINGS BMW GROUP PERFORMANCE INDICATORS RELATING TO AS RECOVERY CONTINUES RESEARCH AND DEVELOPMENT EXPENSES In the financial year 2020, the Group’s net assets, fi- in
Slide 11: Selling and Administrative Expenses and Financial Result
BMW Group Interim Group Management Report 11 Quarterly Statement 2021 Report on Economic Position Selling and administrative expenses fell slightly to positive amount of € 334 million (2020: net negative € 2,074 million (2020: € 2,165 million; – 4.2 %). Whereas amount of € 564 million). Whereas fall
Slide 12: Automotive Segment: Electrified Vehicle Deliveries More Than Doubled
BMW Group Interim Group Management Report 12 Quarterly Statement 2021 Report on Economic Position AUTOMOTIVE SEGMENT DELIVERIES OF ELECTRIFIED VEHICLES MORE THAN DOUBLED IN FIRST QUARTER The dynamic growth in the number of plug-in hybrid AUTOMOTIVE SEGMENT AT A GLANCE and fully electric models deliv
Slide 13: Deliveries Up in All Major Regions of the World
BMW Group Interim Group Management Report 13 Quarterly Statement 2021 Report on Economic Position DELIVERIES UP IN ALL MAJOR REGIONS OF THE WORLD deliveries rose by more than one fifth year-on-year to (2020: 162,940 ¹,² units). The performance was mainly 78,067 units (2020: 64,956 ¹ units; + 20.2 %)
Slide 14: BMW Brand Deliveries Up by More Than One Third
BMW Group Interim Group Management Report 14 Quarterly Statement 2021 Report on Economic Position BMW BRAND DELIVERIES UP BY MORE THAN ONE THIRD BMW BRAND – DELIVERIES BY MODEL SERIES ¹ In total, 560,543 ¹ BMW brand vehicles were delivered in units 1st quarter 2021 1st quarter 2020 ² Change in % to
Slide 15: Sharp Increase in Segment Revenues
BMW Group Interim Group Management Report 15 Quarterly Statement 2021 Report on Economic Position SHARP INCREASE IN SEGMENT REVENUES As a result of the various effects described above, seg- investments (as described above for the BMW Group) ment EBIT increased to €2,236 million (2020: €229 million).
Slide 16: Net Financial Assets Held by the Automotive Segment
BMW Group Interim Group Management Report 16 Quarterly Statement 2021 Report on Economic Position NET FINANCIAL ASSETS HELD BY THE AUTOMOTIVE SEGMENT Net financial assets comprised the following: in € million 31. 3. 2021 31. 12. 2020 Change Cash and cash equivalents 12,266 9,522 2,744 Marketable sec
Slide 17: Financial Services Segment
BMW Group Interim Group Management Report 17 Quarterly Statement 2021 Report on Economic Position FINANCIAL SERVICES SEGMENT notice if the need arises. Based on current assessments, The recovery in new business with retail customers however, the Financial Services segment has recognised was attribut
Slide 18: Other Entities Segment and Eliminations
BMW Group Interim Group Management Report 18 Quarterly Statement 2021 Report on Economic Position The total volume of all new credit financing and leasing FLEET BUSINESS DOWN SLIGHTLY OTHER ENTITIES SEGMENT AND ELIMINATIONS contracts concluded with retail customers during the three- month period amo
Slide 19: Report on Outlook, Risks and Opportunities
BMW Group Interim Group Management Report 19 Quarterly Statement 2021 Report on Outlook, Risks and Opportunities REPORT ON INTERNATIONAL AUTOMOBILE MARKETS 2021 OUTLOOK FOR THE BMW GROUP ASSUMPTIONS USED IN THE OUTLOOK OUTLOOK, RISKS Following the sharp downturn in 2020, the Interna- tional Monetary
Slide 20: Overall Assessment by Group Management
BMW Group Interim Group Management Report 20 Quarterly Statement 2021 Report on Outlook, Risks and Opportunities With demand on international semiconductor mar- OVERALL ASSESSMENT BY GROUP MANAGEMENT The Motorcycles segment is expected to record a solid kets currently at a high level, the supply sit
Slide 21: BMW Group – Key Performance Indicators
BMW Group Interim Group Management Report 21 Quarterly Statement 2021 Report on Outlook, Risks and Opportunities BMW GROUP – KEY PERFORMANCE INDICATORS The BMW Group reaffirms its outlook for the financial year 2021, which was provided with the publication of the BMW Group Report 2020 on 17 March 20
Slide 22: Risks and Opportunities
BMW Group Interim Group Management Report 22 Quarterly Statement 2021 Report on Outlook, Risks and Opportunities RISKS AND OPPORTUNITIES As a globally operating enterprise, the BMW Group is exposed to a broad range of risks and opportunities. The Group’s corporate success is based on identifying and
Slide 23: Interim Group Financial Statements
BMW Group Interim Group Financial Statements 23 Quarterly Statement 2021 INTERIM GROUP FINANCIAL STATEMENTS 24 Income Statement for Group and Segments for the period from 1 January to 31 March 25 Balance Sheet for Group and Segments 27 Condensed Cash Flow Statement for Group and Segments for the per
Slide 24: Income Statement for Group and Segments
BMW Group Interim Group Financial Statements 24 Quarterly Statement 2021 Income Statement for Group and Segments for the period from 1 January to 31 March INCOME STATEMENT FOR GROUP AND SEGMENTS FOR THE PERIOD FROM 1 JANUARY TO 31 MARCH Group Automotive Motorcycles Financial Services Other Entities
Slide 25: Balance Sheet for Group and Segments
BMW Group Interim Group Financial Statements 25 Quarterly Statement 2021 Balance Sheet for Group and Segments BALANCE SHEET FOR GROUP AND SEGMENTS Group Automotive Motorcycles Financial Services Other Entities Eliminations in € million 31. 3. 2021 31. 12. 2020 31. 3. 2021 31. 12. 2020 31. 3. 2021 31
Slide 26: Balance Sheet: Equity and Liabilities
BMW Group Interim Group Financial Statements 26 Quarterly Statement 2021 Balance Sheet for Group and Segments Group Automotive Motorcycles Financial Services Other Entities Eliminations in € million 31. 3. 2021 31. 12. 2020 31. 3. 2021 31. 12. 2020 31. 3. 2021 31. 12. 2020 31. 3. 2021 31. 12. 2020 3
Slide 27: Condensed Cash Flow Statement for Group and Segments
BMW Group Interim Group Financial Statements 27 Quarterly Statement 2021 Condensed Cash Flow Statement for Group and Segments for the period from 1 January to 31 March CONDENSED CASH FLOW STATEMENT FOR GROUP AND SEGMENTS FOR THE PERIOD FROM 1 JANUARY TO 31 MARCH Group Automotive Financial Services i
Slide 28: Other Information
BMW Group Other Information 28 Quarterly Statement 2021 OTHER INFORMATION 29 Fuel consumption and CO2 emissions information 29 General Information 30 Contacts
Slide 29: Fuel Consumption and CO2 Emissions Information
BMW Group Other Information 29 Quarterly Statement 2021 Fuel consumption and CO₂ emissions information FUEL CONSUMPTION AND CO 2 EMISSIONS INFORMATION Figures according to WLTP Figures according to NEFZ Fuel consumption CO₂ emissions Electricity power consumption Electricity power consumption in l /
Slide 30: Contacts
BMW Group Other Information 30 Quarterly Statement 2021 Contacts CONTACTS BUSINESS AND FINANCE PRESS THE BMW GROUP ON THE INTERNET PUBLISHED BY Telephone + 49 89 382-2 45 44 Further information about the BMW Group is Bayerische Motoren Werke + 49 89 382-2 41 18 available online at: Aktiengesellschaf
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