Bayerische Motoren Werke Ag · XETR:BMW
Bayerische Motoren Werke — BMW Group — Q3 2023 Earnings Presentation
13 slides from Bayerische Motoren Werke's earnings presentation, Nov 3, 2023
Slide 1: BMW Group: Quarterly Statement to 30 September 2023
i] ge | ! en aie ] - Poe on ROLLS-ROYCE. BMW GROUP: Quarterly S atement to 30 Septemb 2023 On track to meet guidance in all segments. ~™ | ; NOVEMBER 3RD, 2023. b ‘ters —
Slide 2: BMW Group Quarterly Statement to 30 September 2023
BMW GROUP QUARTERLY STATEMENT TO 30 SEPTEMBER 2023. WALTER MERTL. Member of the Board of Management of BMW AG, Finance.
Slide 3: Highlights of BMW Group Performance in Q3 and YTD September
HIGHLIGHTS OF BMW GROUP PERFORMANCE IN Q3 AND YTD SEPTEMBER. BMW Group with strong performance and solid increase in sales. Group EBT margin of 10.6% in Q3; 11.9% after 9 months. Automotive EBIT margin of 9.8% in Q3; 10.3% after 9 months = (10.8% Q3;11.4% after 9 months reflecting BBAPPA) ~ = — On t
Slide 4: BMW Group in Q3
BMW GROUP IN Q3. Strong earnings with double-digit EBT margin. Q3 2023 Q3 2022 Revenues Group [in m€] 38,458 Earnings before tax 4,063 Group [EBT; in m€] EBT Margin 10.6% Group . 37,176 4,100 11.0% CHANGE +3,4% -0.9% -0.4%-pts
Slide 5: Automotive Retail Units, BEV Units, Auto Revenue and Auto EBIT
AUTOMOTIVE RETAIL UNITS, BEV UNITS, AUTO REVENUE AND AUTO EBIT. Sequential development 2022 and 2023. Retail 652 Revenues Units [in k Auto [in bE ' nits [in k] 626 622 uto [in bE] 323 347 7 ry saa 30.0 : d 597 588 588 26.7 563 a 175 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q
Slide 6: Automotive Segment EBIT in Q3
AUTOMOTIVE SEGMENT EBIT IN Q3. Positive YoY development in Q3 2023. in bE +0.3 2 . 0.1 +/-0.0 EBIT margin 9.8% EBIT ” Volume margin B94 = FX EBIT Net Effect Volume, R&D Selling & Depreci- Other EBIT Q3 2022 FX/Com Mix , Price Expenses Admin. ation Cost Q3 2023 Expenses (exc. Changes RED)
Slide 7: Automotive Segment Free Cashflow in Q3
AUTOMOTIVE SEGMENT FREE CASHFLOW IN Q3. Reconciliation EBT - FCF for Q3 2023. in b€ 3.0 +01 PC ) > -0.4 @ Trade payables a CAPEX for battery packs and Plant Debrecen Working Invest / Provisions Other FCF Capital Depreciation Q3 2023 YTD 5,759m€ Q3 2,618mE
Slide 8: Financial Services Segment YTD September
FINANCIAL SERVICES SEGMENT YTD SEPTEMBER. High earnings level and stable risk situation. Positive trend in new contracts in Q3. Jan-Sep Jan-Sep CHANGE 2023 2022 Contracts with newcustomers 1,112,817 1,178,286 -5.6% Total volume of new customer 40,973 41,656 -1.6% contracts [in me] Earnings before ta
Slide 9: Motorcycles Segment in Q3
MOTORCYCLES SEGMENT IN Q3. Deliveries remain at a high level; profit impacted by model launch timing. Q3 2023 Q32022 CHANGE Deliveries 52,037 51,778 +0.5% [in units] Revenues 650 822 —--20.9% [in mE] Earnings before interest and tax [EBIT; in Pa “ 87 ' EBIT Margin -0.6% 10.6% - =
Slide 10: Financial Services
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Slide 11: BMW Group Performs as It Transforms
BMW GROUP PERFORMS AS IT TRANSFORMS. Strong brands and attractive product portfolio. Flexibility to capitalize on market opportunities in a dynamic environment. Consistent strong profit generation finances future investments. Clear strategy and consistent execution for our long-term success.
Slide 12: Thank You
THANKYOU. @ NNNZTE9I
Slide 13: Consumption and Emission Data
CONSUMPTION AND EMISSION DATA. BMW iX xDrive40. Power consumption in kWh/100km WLTP (combined): 21,4 - 19,4; C02-emissions in g/km: 0. BMW CE 04. Power consumption in kWh/100km WMTC: 7.7; C02-emissions in g/km: 0. BMW R 1300 GS. Power consumption in I/100km WMTC: 4.8; C02-emissions in g/km: 110. BMW