Top High Group EBT: € 23.5 billion – EBT margin: 16.5% Automotive EBIT: € 10.6 billion – EBIT margin on target at 8.6% (excluding effects of BBA full consolidation:11.2%) Strong free cash flow (automotive): € 11.1 billion CO2 emissions of EU new vehicle fleet at 105.0 g/km (WLTP) – well below applicable emission target (127.5 g/km) Dividend of € 8.50 per share of common stock proposed Zipse: “We achieved solid performance under volatile conditions” Munich. The BMW Group met its targets for 2022, as forecasted, and thus delivered a strong operating performance in a difficult business environment. The premium manufacturer significantly increased Group EBT ( € 23,509 million / +46.4%) and net profit ( € 18,582 million / +49.1%) from the previous year. This positive development can be attributed to improved pricing and positive product-mix effects, as well as the full consolidation of the Chinese joint venture, BMW Brilliance Automotive Ltd. (BBA). The latter also made a large cash contribution (€ 5,011 million) on 11 February 2022 to a significantly higher free cash flow of € 11,071 million in the Automotive Segment . Rising sales of fully-electric models , which were up 107.7% in 2022, accounted for 9% of […]
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