While passenger car delivery growth stagnated at almost 6% in both quarters (to 557,605 in Q1 and to 605,534 in Q2), BMW achieved better revenue and profit growth numbers in the last quarter. As a result, H1 revenue was up by 2.3% to almost €46bn, EBIT increased by 2.7% to €5.18bn, and net earnings by 10% to €3.59bn. Whereas sales were only marginally ahead of our projected €45.7bn, EBIT was clearly higher (we had expected €4.8bn) and net earnings slightly higher (&eu

02 Aug 2016
Q2 16 was better than Q1

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Q2 16 was better than Q1
Bayerische Motoren Werke AG (BMW:WBO) | 0 0 0.6% | Mkt Cap: 57,166m
- Published:
02 Aug 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2 -
While passenger car delivery growth stagnated at almost 6% in both quarters (to 557,605 in Q1 and to 605,534 in Q2), BMW achieved better revenue and profit growth numbers in the last quarter. As a result, H1 revenue was up by 2.3% to almost €46bn, EBIT increased by 2.7% to €5.18bn, and net earnings by 10% to €3.59bn. Whereas sales were only marginally ahead of our projected €45.7bn, EBIT was clearly higher (we had expected €4.8bn) and net earnings slightly higher (&eu