BMW delivered a total of 573,079 passenger cars in Q2 (+7.5%) which allowed revenue to increase by 20% to almost €24bn. The respective H1 numbers were +7.8% to 1.1m and +18% to almost €45bn. In spite of this and although the euro weakness has contributed to the revenue growth numbers, EBIT fell by 3% to just above €2.5bn in the last quarter (+7.5% to just above €5bn in H1). The respective net profit numbers were -1.2% to €1.75bn and +1.0% to €3.27bn. H1 revenue i
04 Aug 2015
Revenue growth accelerated, but profits fell in Q2
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Revenue growth accelerated, but profits fell in Q2
Bayerische Motoren Werke AG (BMW:WBO) | 0 0 0.6% | Mkt Cap: 57,166m
- Published:
04 Aug 2015 -
Author:
Hans-Peter Wodniok -
Pages:
2
BMW delivered a total of 573,079 passenger cars in Q2 (+7.5%) which allowed revenue to increase by 20% to almost €24bn. The respective H1 numbers were +7.8% to 1.1m and +18% to almost €45bn. In spite of this and although the euro weakness has contributed to the revenue growth numbers, EBIT fell by 3% to just above €2.5bn in the last quarter (+7.5% to just above €5bn in H1). The respective net profit numbers were -1.2% to €1.75bn and +1.0% to €3.27bn. H1 revenue i