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NFS4 = OWNED. BMW posts highest profits (per quarter) ever.

Turkish

Turkish

Lifer
Best quarter for the BMW Group

The BMW Group recorded strong sales volume increases for all of its brands and thus continued on its successful course in the second quarter of 2004. New quarterly records were set for sales volume, revenues and earnings. ?The BMW Group has demonstrated its strength with a positive performance. During the second quarter 2004 and on a six months comparable basis, the BMW Group has grown on the back of its product initiative and outperformed the overall market in virtually all of the major international automobile markets?, stated Helmut Panke, Chairman of the Board of Management of BMW AG. ?We remain confident that we will be able to record further sales volume increases for all brands and achieve new record figures for revenues and earnings for the full year.?

Group revenues for the second quarter 2004, at euro 11,910 million, were up by 16.0% (second quarter 2003: euro 10,266 million). Group revenues for the first six months of 2004 increased by 10.5% to euro 22,715 million (first half-year 2003: euro 20,563 million).

The profit from ordinary activities for the second quarter 2004 was euro 1,084 million, an improvement of 14.5% (second quarter 2003: euro 947 million). The profit from ordinary activities for the first six months of 2004 also clearly surpassed the corresponding figure for 2003. At euro 1,935 million, the profit from ordinary activities of the BMW Group was 8.9% ahead of the corresponding period last year (first half-year 2003: euro 1,777 million).

The Automobiles segment contributed significantly to this improvement. The profit from ordinary activities of the Automobiles segment for the second quarter 2004 rose by 26.4% to euro 971 million (second quarter 2003: euro 768 million). Thanks to this positive development, the segment return on sales improved to 8.4% (second quarter 2003: 8.0%).

The net profit of the BMW Group for the second quarter 2004 rose to euro 671 million, an increase of 18.1% (second quarter 2003: euro 568 million) and also a new record. The net profit for the first half of 2004 thus amounted to euro 1,194 million, an improvement of 10.8% (first half-year 2003: euro 1,078 million).

Thus, for the second quarter 2004, the BMW Group generated earnings per share of common stock of euro 0.99 (+17.9% / second quarter 2003: euro 0.84) and earnings per share of preferred stock of euro 1.00 (+17.6% / second quarter 2003: euro 0.85). On a six-month comparable basis, earnings per share amounted to euro 1.77 (+10.6% / first half-year 2003: euro 1.60) per share of common stock and euro 1.78 (+10.6% / first half-year 2003: euro 1.61) per share of preferred stock.
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http://www.bmwgroup.com/e/nav/index.html?http://www.bmwgroup.com/e/0_0_www_bmwgroup_com/homepage/0_home.shtml
 
I actually like most of the designs, though there are a few areas of the 5 and 7 series that I wish they'd change. The new 6 and 4 series look great, though.

What I'm more disappointed about is BMW's slight departure from being a sport enthusiast brand. Between the whole iDrive bit and the variable ratio steering, they just seem to keep wanting to add elements between the driver, the car, and the road. Hopefully they won't end up turning into MB.
 
Originally posted by: Whisper
I actually like most of the designs, though there are a few areas of the 5 and 7 series that I wish they'd change. The new 6 and 4 series look great, though.

What I'm more disappointed about is BMW's slight departure from being a sport enthusiast brand. Between the whole iDrive bit and the variable ratio steering, they just seem to keep wanting to add elements between the driver, the car, and the road. Hopefully they won't end up turning into MB.
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I like Bangle designs as well and I agree on iDrive, but it sells, and that's all it matters to them 🙂
 
the New M5 is really nice looking as well as their 1 series concept convertable...hopefully that comes into production.
 
Originally posted by: XietyCOM
Originally posted by: RagingBITCH
So what does this prove? Nothing.
Click to expand...

ROFL.

Yet another pathetic attempt to threadcrap (by Melvin Chu).

😀
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You're one to talk aren't you? Those numbers are for BMW in general, not necessarily the stateside numbers. You can't argue with the fact that the sales of their vehicles in general in the US all went down. What is your point?
 
That's the funny thing is that they really go into zero detail in this press release talking about high sales on any select car.

If this had any actual merit behind it, you'd think that they would go into detail about how fast the newly designed Z4 roadsters and updated 5 series were factors in that.
 
Originally posted by: RagingBITCH
Originally posted by: XietyCOM
Originally posted by: RagingBITCH
So what does this prove? Nothing.
Click to expand...

ROFL.

Yet another pathetic attempt to threadcrap (by Melvin Chu).

😀
Click to expand...

You're one to talk aren't you? Those numbers are for BMW in general, not necessarily the stateside numbers. You can't argue with the fact that the sales of their vehicles in general in the US all went down. What is your point?
Click to expand...

I've learned not to trust American tastes when it comes to automobiles...🙂 Hell, I've learned not to care what the average person thinks about anything, especially cars. But I'm not a manufacturer, so I have that luxury.
 
Originally posted by: JulesMaximus
Bangled BMW=UGLY!!! Scratch those cars off my list until they de-Bangle the cars.
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Agreed. Although I must say the 5er has grown on me a bit. (The 7er, however, is still too Bangled for my taste.)
 
Originally posted by: RagingBITCH
Originally posted by: XietyCOM
Originally posted by: RagingBITCH
So what does this prove? Nothing.
Click to expand...

ROFL.

Yet another pathetic attempt to threadcrap (by Melvin Chu).

😀
Click to expand...

You're one to talk aren't you? Those numbers are for BMW in general, not necessarily the stateside numbers. You can't argue with the fact that the sales of their vehicles in general in the US all went down. What is your point?
Click to expand...

Yet another dumbass. Sales numbers means nothing when you increase efficiency within your organization, cut costs down, keep pricing strategy consistent and increase profits. PM me and I'll recommend a few books.

Here:
Dividends
Fiscal Exercise 2003 2002 2001 2000 1999 1998
Dividend Net (Euro) 0.58 0.52 0.52 0.46 0.4 0.3933
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That's for U.S. Now what? :roll: 😀 :laugh:
 
Originally posted by: PowerMac4Ever
You created this thread as if NFS4 has some sort of deep hatred for BMW :roll:.
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LOL. I actually like BMW, but dislike the bangle designs. Everything pre-bangle is fine by me. The old, 5, the old 7. The Z3 and M-Roadster. All of those designs are pure perfection.

It's only the new 5/7/Z/X3 that I don't like. And I-Drive sucks. But BMW as a whole has my vote
 
Originally posted by: Shivatron
Originally posted by: JulesMaximus
Bangled BMW=UGLY!!! Scratch those cars off my list until they de-Bangle the cars.
Click to expand...

Agreed. Although I must say the 5er has grown on me a bit. (The 7er, however, is still too Bangled for my taste.)
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i couldent tell you the difference between the 2 i think they all look good
 
Yet another dumbass. Sales numbers means nothing when you increase efficiency within your organization, cut costs down, keep pricing strategy consistent and increase profits. PM me and I'll recommend a few books.
Click to expand...

I think you just owned yourself. This is exactly what a lot of us are saying...this profit ISN'T because of sales but because of better business and production efficiency.

Sales != profit. Hell look at GM. One of the highest sales by numbers car manf in the world but they make a fraction of overall profit per car what Toyota does. That being said, the Bangled designs do have poor sales.

What was your point again?
 
Originally posted by: XietyCOM

Yet another dumbass. Sales numbers means nothing when you increase efficiency within your organization, cut costs down, keep pricing strategy consistent and increase profits. PM me and I'll recommend a few books.

Here:
Dividends
Fiscal Exercise 2003 2002 2001 2000 1999 1998
Dividend Net (Euro) 0.58 0.52 0.52 0.46 0.4 0.3933
Click to expand...

That's for U.S. Now what? :roll: 😀 :laugh:
Click to expand...

I was a business major - I know how business works. Improving profits doesn't mean you cut your costs, increased efficiency within the organization, or otherwise. Maybe they increased their sales elsewhere. Maybe they did only one of those few things. You're making assumptions you can't prove otherwise. You nor I know how they increased their profits - it could be nothing more than a price increase whereas costs stayed the same. It could be absolutely everything you said above. My point was, sales numbers went down, which was NFS4's point all along, yet you think you pwn3d him? 😕

Do you think the decrease in sales numbers is a good thing? Decreased sales numbers shows complatency, possibly inefficiency, decreased consumer demand, among other things. If you really truly think sales numbers mean nothing, you obviously are naive and have yet to step out into the real world. It's one factor in the mix of business along with the other ones you mentioned above.
 
Originally posted by: vi_edit
Yet another dumbass. Sales numbers means nothing when you increase efficiency within your organization, cut costs down, keep pricing strategy consistent and increase profits. PM me and I'll recommend a few books.
Click to expand...

I think you just owned yourself. This is exactly what a lot of us are saying...this profit ISN'T because of sales but because of better business and production efficiency.

Sales != profit. Hell look at GM. One of the highest sales by numbers car manf in the world but they make a fraction of overall profit per car what Toyota does. That being said, the Bangled designs do have poor sales.

What was your point again?
Click to expand...

Ummmm did you read the OP? I think you just owned yourself.

Show me where I said "BMW's sales increased" or "BMW's sales didn't decrease at all."

When you do so, I'll shut the hell up and never post another car thread.

What's your point again?
 
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