Although BMW Motorrad’s 2022-unit sales increase was decidedly modest, a premium-priced model mix made sure the money was right. Annual revenue from the BMW Group motorcycle division achieved 15.6% growth to £2.795bn. Resultant operating profit grew by 13.2% to £226m. However, operating margin declined slightly, from 8.3% to 8.1%. Pre-tax profit was significantly better, though, 18% up to £237m. Favourable pricing and product mix got the credit, despite higher materials and logistics costs…
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