Bayerische Motoren Werke Ag · XETR:BMW
Bayerische Motoren Werke — Bayerische Motoren Werke Aktiengesellschaft — Q3 2024 Earnings Presentation
39 slides from Bayerische Motoren Werke's earnings presentation, Nov 6, 2024
Slide 1: Quarterly Statement 30 September 2024
30 SEPTEMBER 2024 QUARTERLY STATEMENT
Slide 2: Contents
2 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information CONTENTS 3 BMW Group at a Glance 7 Interim Group Management Report 26 Interim Group Financial Statements 36 Other Information
Slide 3: BMW Group at a Glance
3 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information BMW GROUP AT A GLANCE 4 BMW Group in Figures
Slide 4: BMW Group in Figures: Key Performance Indicators
4 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information BMW Group in Figures BMW GROUP IN FIGURES KEY PERFORMANCE INDICATORS 1 January to 1 January to 3rd quarter 2024 3rd quarter 2023 Change in % 30 September 20
Slide 5: Further Performance Figures
5 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information BMW Group in Figures FURTHER PERFORMANCE FIGURES 1 January to 1 January to 3rd quarter 2024 3rd quarter 2023 Change in % 30 September 2024 30 September 2023
Slide 6: Further Performance Figures: Automotive and Financial Services
6 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information BMW Group in Figures FURTHER PERFORMANCE FIGURES 1 January to 1 January to 3rd quarter 2024 3rd quarter 2023 Change in % 30 September 2024 30 September 2023
Slide 7: Interim Group Management Report
7 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information INTERIM GROUP MANAGEMENT REPORT 8 Financial Performance 8 General Economic Environment 9 Group Overview 13 Automotive Segment 19 Financial Services Segment
Slide 8: Financial Performance
8 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 8 9 General Economic Environment Group Overview FINANCIAL PERFORMANCE 13 Automotive Segment 19 Financial Services Segment 21 Other Ent
Slide 9: Group Overview
9 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance International automobile markets – an overview 8 General Economic Environment Between January and September 2024, most automobile mark
Slide 10: Third quarter affected by challenging impacts in the Automotive Segment
10 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance Third quarter affected by challenging impacts in the Automotive The financial result decreased by € 569 million (2024: € –858 million
Slide 11: Research and development expenditure and selling and administrative expenses
11 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance The research and development expenditure is primarily related to the cross- 8 General Economic Environment series digitalisation and
Slide 12: Research and development expenses and share buyback programme
12 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance BMW Group research and development expenses 8 General Economic Environment 9 Group Overview 1 January to 1 January to 13 Automotive S
Slide 13: Automotive Segment
13 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 8 General Economic Environment AUTOMOTIVE SEGMENT 9 Group Overview 13 Automotive Segment 19 Financial Services Segment 1 January to 1
Slide 14: Electrified automobile deliveries and popular BMW models
14 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance Over the nine-month period, a total of 409,120 electrified automobiles (BEV The most popular BMW models in the reporting period inclu
Slide 15: MINI and Rolls-Royce deliveries
15 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance Electric performance from MINI in third quarter Rolls-Royce delivers in line with expectations 8 General Economic Environment The MIN
Slide 16: Third quarter earnings impacted by IBS and Chinese market
16 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance Third quarter earnings impacted by IBS and developments in the EBIT margin in the Automotive segment comes to 6.6% in the first 8 Gen
Slide 17: Automotive segment financial result and cash flow
17 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance The financial result of the segment was a net negative € 265 million (2023: Net cash outflow from investing activities came to € –7,7
Slide 18: Net financial assets – Automotive
18 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance Net financial assets – Automotive 8 General Economic Environment 9 Group Overview 13 Automotive Segment Automotive-related net financ
Slide 19: Financial Services Segment
19 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 8 General Economic Environment FINANCIAL SERVICES SEGMENT 9 Group Overview 13 Automotive Segment 1 January to 1 January to 19 Financi
Slide 20: New business and fleet business in Financial Services
20 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance Significant increase in new business during the reporting period Slight year-on-year increase in fleet business in the first nine mon
Slide 21: Other Entities Segment and Eliminations
21 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 8 General Economic Environment OTHER ENTITIES SEGMENT AND 9 Group Overview 13 Automotive Segment ELIMINATIONS 19 Financial Services S
Slide 22: Outlook, Risk and Opportunity Management
22 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Outlook, Risk and Opportunity Management 8 9 General Economic Environment Group Overview OUTLOOK, RISK AND OPPORTUNITY MANAGEMENT 13 Automotive Segment 19
Slide 23: Outlook: Middle East, Motorcycles segment
23 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Outlook, Risk and Opportunity Management The situation in the Middle East has become increasingly volatile. However, Volumes and pricing in the Motorcycles
Slide 24: BMW Group – key performance indicators
24 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Outlook, Risk and Opportunity Management BMW Group – key performance indicators 8 General Economic Environment The key performance indicators of the BMW Gr
Slide 25: Risk and Opportunity Management
25 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Outlook, Risk and Opportunity Management 8 General Economic Environment RISK AND OPPORTUNITY 9 Group Overview 13 Automotive Segment MANAGEMENT 19 Financial
Slide 26: Interim Group Financial Statements
26 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information INTERIM GROUP FINANCIAL STATEMENTS 27 Income Statement for Group and Segments for the period from 1 July to 30 September 29 Income Statement for Group and
Slide 27: Income Statement for Group and Segments, Q3 (Group, Automotive, Motorcycles)
27 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Income Statement for Group and Segments INCOME STATEMENT FOR GROUP AND SEGMENTS FOR THE PERIOD FROM 1 JULY TO 30 SEPTEMBER Group Automotive Motorcycles in
Slide 28: Income Statement, Q3 (Financial Services, Other Entities, Eliminations)
28 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Income Statement for Group and Segments INCOME STATEMENT FOR GROUP AND SEGMENTS FOR THE PERIOD FROM 1 JULY TO 30 SEPTEMBER Financial Services Other Entitie
Slide 29: Income Statement, Jan–Sep (Group, Automotive, Motorcycles)
29 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Income Statement for Group and Segments INCOME STATEMENT FOR GROUP AND SEGMENTS FOR THE PERIOD FROM 1 JANUARY TO 30 SEPTEMBER Group Automotive Motorcycles
Slide 30: Income Statement, Jan–Sep (Financial Services, Other Entities, Eliminations)
30 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Income Statement for Group and Segments INCOME STATEMENT FOR GROUP AND SEGMENTS FOR THE PERIOD FROM 1 JANUARY TO 30 SEPTEMBER Financial Services Other Enti
Slide 31: Balance Sheet: Assets (Group, Automotive, Motorcycles)
31 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Balance Sheet for Group and Segments BALANCE SHEET FOR GROUP AND SEGMENTS AT 30 SEPTEMBER 2024 Group Automotive Motorcycles in € million 30.9.2024 31.12.20
Slide 32: Balance Sheet: Assets (Financial Services, Other Entities, Eliminations)
32 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Balance Sheet for Group and Segments BALANCE SHEET FOR GROUP AND SEGMENTS AT 30 SEPTEMBER 2024 Financial Services Other Entities Eliminations in € million
Slide 33: Balance Sheet: Equity and Liabilities (Group, Automotive, Motorcycles)
33 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Balance Sheet for Group and Segments BALANCE SHEET FOR GROUP AND SEGMENTS AT 30 SEPTEMBER 2024 Group Automotive Motorcycles in € million 30.9.2024 31.12.20
Slide 34: Balance Sheet: Equity and Liabilities (Financial Services, Other Entities)
34 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Balance Sheet for Group and Segments BALANCE SHEET FOR GROUP AND SEGMENTS AT 30 SEPTEMBER 2024 Financial Services Other Entities Eliminations in € million
Slide 35: Condensed Cash Flow Statement for Group and Segments
35 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Condensed Cash Flow Statement for Group and Segments CONDENSED CASH FLOW STATEMENT FOR GROUP AND SEGMENTS FOR THE PERIOD FROM 1 JANUARY TO 30 SEPTEMBER Gro
Slide 36: Other Information
36 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information OTHER INFORMATION 37 Consumption and Carbon Disclosures 39 Contacts
Slide 37: Consumption and Carbon Disclosures: BMW
37 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Consumption and Carbon Disclosures CONSUMPTION AND CARBON DISCLOSURES As of October 2024 Figures based on WLTP Fuel consumption Energy consumption combined
Slide 38: Consumption and Carbon Disclosures: MINI and Rolls-Royce
38 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Consumption and Carbon Disclosures As of October 2024 Figures based on WLTP Fuel consumption Energy consumption combined or weighted combined CO₂ emissions
Slide 39: Contacts
39 BMW Group Quarterly Statement 2024 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information 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 Gro
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