Bayerische Motoren Werke Ag · XETR:BMW
Bayerische Motoren Werke — BMW Group — Q1 2022 Earnings Presentation
13 slides from Bayerische Motoren Werke's earnings presentation, May 5, 2022
Slide 1: BMW Group Quarterly Statement to 31 March 2022
BMW GROUP BMW GROUP QUARTERLY STATEMENT TO 31 MARG 5 MAY 2022.
Slide 2: Dr. Nicolas Peter, Member of the Board of Management, Finance
BMW GROUP QUARTERLY STATEMENT TO 31 MARCH 2022. DR. NICOLAS PETER. MEMBER OF THE BOARD OF MANAGEMENT OF BMW AG. FINANCE. f BMW Group Quarterly,Statement to 31 March 2022 -2-
Slide 3: Overview Q1 2022
OVERVIEW Q1 2022. BMW Group shows strength and resilience in challenging environment Share increase to 75% and full consolidation of joint venture BBA Positive pricing development and favourable product mix Strong Auto EBIT margin development BEV sales growth by 149%
Slide 4: All electric BMW 3 Series Sedan long wheelbase for China
*All electric BMW 3 Series Sedan long wheelbase, tailor made exclusively for China.
Slide 5: Group EBT with significant increase in Q1
GROUP EBT WITH SIGNIFICANT JNCREASE IN Q1. DRIVEN BY OPERATING STRENGTH AND BBA FULL CONSOLIDATION. BMW Group Quarterly Statement to 31 March 2022 aizoz1 SHANE eats 636,606 -6.2 Capa] 26778 +163 Profit before tax 3.757 Group [EBT, in m€]
Slide 6: Consolidation effects from BBA full consolidation on Automotive EBIT
CONSOLIDATION EFFECTS FROMBBA LL CONSOLIDATION ON AUTOMOTIVE EBIT. EBIT Automotive Segment (Q1 2022) [in mE] ~500 3,523 ~700 2 13.2% 8.9% EBIT Intercompany Depreciation EBIT excl, profit of PPA- consolidation elimination Assets effects EBIT Automotive Segment (full year 2022) [in mE] ~1,700 _ ~1300
Slide 7: R&D and Capex with focus on emission-free mobility
R&D AND CAPEX WITH FOCUS ONEMISSION-FREE MOBILITY. hi L RED ratio Capex ratio [HGB, in %] [in %] 48 2.8 Q12021 Q12021 Target for 2022: 5-5.5% Target for 2022: 5% rT BMW Group Quarterly Statement to 31 March 2022
Slide 8: Overview Automotive Segment
OVERVIEW AUTOMO : VE SEGMENT. STRONG OPERATING PERFORMANCE IN Q1. 12022 12021 ae eo 596,907 636,606 6.2 faa 26,726 22,762 +174 rare financial result 2,367 2,236 45,9 cH iia 8.9 98 0.9 pts Profit before tax 10,420 2,776 {EBT; in m€]
Slide 9: Free Cashflow development in Q1
FREE CASHFLOW DEVELOPMENAIN Q1. Free Cashflow Automotive Segment {in m€) @ BBA liquidity less purchase price @ = Change in working capital @ Decrease of advance payments from dealers in China Target for 2022: at least 12 billion euros BMW Group Quarterly Statement to 31 March 2022
Slide 10: Financial Services Segment in Q1
FINANCIAL SERVICES SEGMENT IN Q1. FAVOURABLE RISK SITUATION. 12022 Qi 2021 COANGE [%] New contracts with retail customers 433,429 489,066 -11.4 Profit before tax {EBT in me] 1,007 787 +28.0 BMW Group Quarterly,Statement to 31 March 2022 -10-
Slide 11: Motorcycles Segment in Q1
MOTORCYCLES SEGMENT IN Q1. MAINTAINING SALES GROWAA. Q12021 as Deliveries 42,592 411.3 [in units] ’ ea 753 +6.1 ar re financial result 135 -20.0 cH iia 17.9 -44pts Fane tax 135 -19.3 BMW Group Quarterly Statement to 31 March 2022
Slide 12: Outlook 2022
OUTLOOK 2022. BMW GROUP KEY PERFORMANCE INDICATORS. 2021 reported 2021 adjusted 2022 Outlook GROUP Profit before tax 16,060 Significant increase Workforce at year-end 118,909 Significant increase Share of women in management positions in the BMW Group 18.8 Slight increase AUTOMOTIVE SEGMENT Deliveri
Slide 13: BMW Group on track to meet 2022 targets
BMW GROUP ON TRACKTO MEE¥2022 TARGETS DESPITE INCREASINGLY VOLATILE BUSINESS ENVIRONMENT. All segments on track to meet targets for full year 2022 BBA consolidation contributes to further om. fv sustainable growth and success eS i) BEV share expected to reach at least 10% of total sales BMW Group Qu