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German automaker BMW said that 2012 had been the best year in the company's history, reporting a group profit increase of 4.4 percent compared to 2011.
"The past year has been the most successful year in BMW group’s corporate history with new high levels achieved for sales volume, revenues and group earnings," chairman Norbert Reithofer said in a press release.
In 2012, BMW Group profit, including Mini and Rolls-Royce, increased to $6.6 billion (EUR 5.1 billion), while revenues reached $99 billion (EUR 76.8 billion), 11.7 percent higher than the previous year.
With a total of 1.84 million vehicles sold last year, which translates into an increase of 10.6 percent over 2011, the Bavarian automaker is targeting "further sales volume growth worldwide in 2013".
As a result of their new financial record, BMW Group representatives also said they will propose increasing the dividend to $3.23 (EUR 2.50) per share from $2.97 (EUR 2.30) for 2011.
In 2012, BMW Group profit, including Mini and Rolls-Royce, increased to $6.6 billion (EUR 5.1 billion), while revenues reached $99 billion (EUR 76.8 billion), 11.7 percent higher than the previous year.
With a total of 1.84 million vehicles sold last year, which translates into an increase of 10.6 percent over 2011, the Bavarian automaker is targeting "further sales volume growth worldwide in 2013".
As a result of their new financial record, BMW Group representatives also said they will propose increasing the dividend to $3.23 (EUR 2.50) per share from $2.97 (EUR 2.30) for 2011.
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