BMW Group FY2022 Report: Revenue Rose 28% to €142.6 Billion, 2023 Main Drivers will be Premium and Fully-electric Vehicles

3月 17, 2023

After announcing its fiscal 2022 sales in January, German automaker BMW Group has announced its fiscal 2022 financial figures.

In February last year, BMW Group said it would pay €3.7bn to take majority control of its Chinese joint venture BMW Brilliance Automotive, increasing its stake from 50% to 75% after obtaining permission from Beijing.
In fiscal 2022, BMW Group’s full-year net profit rose 49.1% due to BBA, but it was still below analyst expectations at Jefferies; Meanwhile, while group revenue rose 28% to €142.6 billion ($150.7 billion), it was below Refinitiv Smart Estim …