Although BMW’s motorcycle operations boasted revenue and sales volume increases in its second-quarter financial results to 30 June, profit was down.
With bike sales for the brand in this April-June period up by 15.5 per cent to 40,209 units, revenue rose by 15.9 per cent to £415.2m. But operating profit fell by 4.2 per cent to £40.2m and pre-tax profit dropped by 4.3 per cent to £39.3m.
However, half-yearly figures are all positive. Revenue for the first six months of 2013 grew by 6.2 per cent to £796.3m. Operating profit increased by 14.1 per cent to £84.8m and pre-tax profit was up by 13.1 per cent to £83m. This was based on a previously reported 9.7 per cent retail bike sales volume improvement to a record 64,941 units.