BMW Group FY21 Automotive EBIT Margin At High End Of Its Guidance Range; Revenues Up 12.4%

BMW Group (BMW, BMW.L, BAMXF.PK, BAMXY.PK) said it was able to significantly increase both Group earnings and net profit in 2021 compared to the previous year. Automotive deliveries to customers rose 8.4% to 2,521,514 units. The company noted that 13% of its deliveries in 2021 were electrified vehicles. BMW Motorrad delivered 194,261 units to customers in 2021, an increase of 14.8% from prior year.

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