BMW say its motorcycle division had a successful start to the year, delivering 35,636 motorcycles and maxi-scooters (2016: 33,788 units) to customers during the first quarter, which is 5.5% up on the previous year.
Revenues grew by 7.0% to € 623 million (2016: € 582 million). “Higher volumes and positive sales-mix factors helped our motorcycle segment profit to jump by 33.0% to € 125 million (2016: € 94 million).
“Influenced by seasonal factors at the start of the motorcycle season, the segment EBIT margin came in at 20.1% (2016: 16.2%). Profit before tax also improved by 33.0% to € 125 million (2016: € 94 million)”.
