BMW released its FY21 key figures one week ahead of schedule. While last year’s performance was a positive one, with all-time high revenues, EBIT and net profit, margins came in line with expectations so no major surprises on that front (and even a slight disappointment vis-à-vis Mercedes-Benz). Next week’s results presentation should give us some colour on BMW’s views on the impact from the war in Ukraine and its geopolitical implications on the FY22 outlook.
11 Mar 2022
FY21 performance in line with expectations, but FY22 outlook remains uncertain
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FY21 performance in line with expectations, but FY22 outlook remains uncertain
Bayerische Motoren Werke AG (BMW:ETR) | 0 0 0.0%
- Published:
11 Mar 2022 -
Author:
Jorge Velandia -
Pages:
3
BMW released its FY21 key figures one week ahead of schedule. While last year’s performance was a positive one, with all-time high revenues, EBIT and net profit, margins came in line with expectations so no major surprises on that front (and even a slight disappointment vis-à-vis Mercedes-Benz). Next week’s results presentation should give us some colour on BMW’s views on the impact from the war in Ukraine and its geopolitical implications on the FY22 outlook.