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MarketScreener Homepage  >  Equities  >  Xetra  >  Bayerische Motoren Werke       DE0005190003


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Bayerische Motoren Werke : Sims scores the first points of his Formula E career – Félix da Costa retires early in Marrakesh.

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01/12/2019 | 01:29pm EDT

Munich. After victory in the season-opener, BMW i Andretti Motorsport continued to put on a strong performance in the second race of the ABB FIA Formula E Championship - but without the reward of a similar result this time. At the Marrakesh E-Prix, Alexander Sims (GBR) finished fourth to score the first points of his Formula E career, just missing out on the podium in a thrilling finale. António Félix da Costa (POR) retired after sliding into the tyre wall after contact with Sims. Sims lost two places but was able to continue racing.

The two BMW i Andretti Motorsport drivers began the race from fourth and sixth places and both enjoyed superb starts, quickly moving up to second and third positions. As the race continued, Félix da Costa took the lead, followed by Sims in second. The outstanding pace of the two BMW iFE.18s allowed the duo to pull away from the rest of the field as they headed for the podium. However, both drivers missed their braking points as Sims attempted to overtake just a few laps before the end. Félix da Costa slid from the inside line into the tyre wall and had to retire, while Sims was able to take evasive action before rejoining the race in fourth place. The BMW i8 Coupé Safety Car then brought the field back together. Sims continued to battle for a podium position when the race got underway again, with one lap remaining, but was unable to find his way past the competition. Victory went to Jérôme D'Ambrosio (BEL, Mahindra Racing).

Reactions to the Marrakesh E-Prix:

Jens Marquardt (BMW Motorsport Director):

'During the closing phase of the race, both BMW iFE.18s were in a promising position. Regrettably, we didn't manage to capitalise on our good performance. There was contact between our drivers just before the finish and António Félix da Costa then had to retire. Alexander Sims was able to finish the race in fourth place. We have analysed the incident with both drivers and we will learn from this as the season continues. We are all in agreement that an incident like this will not occur again.'

Roger Griffiths (Team Principal BMW i Andretti Motorsport):

'Unfortunately, that was a disappointing end to a very promising day. Our cars put on a strong performance at the head of the field and were very competitive. Our racing pace was extremely good and a one-two result would have been possible. Regrettably, things didn't turn out that way. Of course, we are disappointed. We have discussed it as a team and we are now looking ahead. We won together in Ad Diriyah. We didn't manage to repeat that here in Marrakesh and we lost together as a team. We will learn from that.'

Alexander Sims (#27 BMW iFE.18, qualifying result: 5th place, race result: 4th place, FANBOOST voting: 17th place, points: 12):

'Of course, it is a great shame for the whole team. The race should not have finished like that. All of us - me, António and the team - will learn our lessons from what happened. We are all well aware that such incidents are unacceptable. It cost us a one-two result today.'

António Félix da Costa (#28 BMW iFE.18, qualifying result: 3rd place, race result: DNF, FANBOOST voting: 2nd place, points: 28):

'I would like to apologise to the whole team. Alex did a great job today. I held my ground when he drew level with me and my front wheels locked up. That was my mistake and it had negative consequences for me and for Alex. I should have let him go past and been content with second place.'

The BMW i Fleet

BMW i is 'Official Vehicle Partner' of the ABB FIA Formula E Championship in Season 5. Spearheading the BMW i fleet is the BMW i8 Coupé Safety Car, modified with BMW M components (combined fuel consumption: 1.8 l/100 km; combined energy consumption 14.0 kWh/100 km; combined CO2 emissions: 42 g/km)*. As well as the BMW i8 Coupé, the BMW i fleet also includes the BMW i3s (combined fuel consumption: 0.0 l/100 km; combined energy consumption: 14.3 kWh; combined CO2 emissions: 0 g/km)* as 'Race Director Car' and the BMW 530e iPerformance (combined fuel consumption: 2.2-2.1 l/100 km; combined energy consumption: 13.6-13.3 kWh/100 km; combined CO2 emissions: 49-47 g/km)* in its role as 'Medical Car'.

The values for fuel consumption, CO2 emission and energy consumption shown were determined in the standardized test cycle according to the European Regulation (EC) 715/2007 in the version applicable at the time of type approval. The figures refer to a vehicle with basic configuration in Germany and the range shown considers optional equipment and the different size of wheels and tires available on the selected model.
The values are already based on the test cycle according to the new WLTP regulation and are translated back into NEDC-equivalent values in order to allow a comparison between vehicles. With respect to these vehicles, for vehicle related taxes or other duties based (at least inter alia) on CO2-emissions the CO2 values may differ to the values stated here.
Effective 06.12.2018
Further information about the official fuel consumption and the official specific CO2 emission of new passenger cars can be taken out of the 'handbook of fuel consumption, the CO2 emission and power consumption of new passenger cars', which is available at all selling points and fromDeutsche Automobil Treuhand GmbH (DAT), Hellmuth-Hirth-Str. 1, 73760 Ostfildern-Scharnhausen, and under https://www.dat.de/co2/.


BMW - Bayerische Motoren Werke AG published this content on 12 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 January 2019 18:28:00 UTC

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Financials (€)
Sales 2019 99 325 M
EBIT 2019 7 491 M
Net income 2019 5 691 M
Finance 2019 15 482 M
Yield 2019 5,09%
P/E ratio 2019 7,45
P/E ratio 2020 6,31
EV / Sales 2019 0,26x
EV / Sales 2020 0,24x
Capitalization 41 010 M
Duration : Period :
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Income Statement Evolution
Mean consensus HOLD
Number of Analysts 30
Average target price 77,3 €
Spread / Average Target 22%
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Harald Krüger Chairman-Management Board
Norbert Reithofer Chairman-Supervisory Board
Nicolas Peter Chief Financial Officer
Susanne Klatten Independent Member-Supervisory Board
Manfred Schoch Deputy Chairman-Supervisory Board
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