BMW generates record surplus

Last year, the BMW Group increased its surplus by half compared to 2021. As the company announced today, consolidated earnings before taxes increased by 46.4 percent to 23.509 billion euros and net income by 49.1 percent to a record 18.582 billion euros. The shareholders are to receive a dividend of EUR 8.50.

The increase in earnings was achieved with slightly declining sales. Price enforcement, product mix effects and the full consolidation of the Chinese joint venture BMW Brilliance had a positive impact here. The BMW Group delivered a total of 2,399,632 cars. This is 4.8 percent less than in the previous year and is partly due to the global supply bottlenecks. Motorcycle sales, on the other hand, increased by 4.4 percent and reached a new high of 202,895 units. At the end of the year, the number of employees was just under 149,500, a quarter more than a year ago. The significant increase is primarily due to the full consolidation of BMW Brilliance Automotive with almost 26,000 employees and new hires, particularly in the areas of development and IT. (awm)