BMW Motorrad soft in H1. FY forecasts trimmed

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BMW Motorrad’s H1 performance was soft showing a 1.6% drop in unit sales and 23.6% drop in profit. The number of motorcycles sold during the Q2 reporting period was partially influenced by the model change in the mid-class segment, with 51,117 units sold between April and June (2017: 52,753 units).

In Europe, the number of motorcycles delivered to customers totalled 53,989 units (2017: 58,617 units; – 7.9 %). Germany (11,739 units) was also down on the previous year (2017: 14,461 units. Shortfalls in France (9,068 units; 2017: 9,447 units; – 4.0 %) and Italy (8,647 units; 2017: 9,099 units; – 5.0 %). By contrast, motorcycle sales in Spain improved slightly by 1.3 % to 5,647 units (2017: 5,573 units). In the overall contracting US market, the BMW Motorrad reported a slight increase (+ 3.1 %) in six-month deliveries to 7,379 units (2017: 7,157 units).

With effect from the first quarter of 2018, the Motorcycles segment is forecast to achieve a slight increase in deliveries (2017: 164,153 units). BMW said in its Annual Report 2017, that “a solid increase was expected.”

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