BMW - 2024 Q2 motorcycle deliveries +2.6%
BMW Motorrad reports that "a slight increase in deliveries is forecast for the Motorcycles segment" for the first six months of 2024 (the period to June 30), with a segment EBIT margin "within the target range of 8-10%".
BMW delivered 66,638 units in Q2 2024, up by +2.6% over the 64,936 deliveries in Q2 2023. At € 989m sales revenue, it was essentially flat over Q2 2023 (+0.1%), but with Motorcycles segment profit before financial result (EBIT) down by -30.4% at € 110m.
For the six months to June 30, 2024, BMW Motorrad delivered 113,072 units, which was marginally up on the 112,871 delivered in the first six months of 2023 by +0.2%.
For the full year 2024, the company is forecasting a "slight increase" on the 209,066 units delivered for the 12-month period in 2023.
