BMW’s revenue and profit numbers have fallen in Q4. As a result, its full-year numbers came in below our expectations. The delivery volume was up by 5.3% to 2.37m vehicles while revenue increased by 2.2% to €94.2bn. The group released an operating profit of slightly less than €9.4bn (-2.2%) and net earnings of just above €6.9bn (+8.0%). We had expected an operating result €750m higher than the final one and net earnings of €7.26bn. Finally, management is proposi
09 Mar 2017
2016 was good volume-wise, but not revenue- and profit-wise
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2016 was good volume-wise, but not revenue- and profit-wise
Bayerische Motoren Werke AG (BMW:WBO) | 0 0 0.6% | Mkt Cap: 57,166m
- Published:
09 Mar 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
BMW’s revenue and profit numbers have fallen in Q4. As a result, its full-year numbers came in below our expectations. The delivery volume was up by 5.3% to 2.37m vehicles while revenue increased by 2.2% to €94.2bn. The group released an operating profit of slightly less than €9.4bn (-2.2%) and net earnings of just above €6.9bn (+8.0%). We had expected an operating result €750m higher than the final one and net earnings of €7.26bn. Finally, management is proposi