BMW had a dismal H1 19 when car deliveries and revenue were hardly up and when earnings collapsed. All these numbers were back in positive territory in Q3 and they all exceeded our projections. While net earnings of €1.55bn were only slightly higher than our expected €1.53bn, EBIT of €2.29bn was considerably higher than our €2.07bn.
06 Nov 2019
Profits recovered in Q3, as expected
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Profits recovered in Q3, as expected
Bayerische Motoren Werke AG (BMW:WBO) | 0 0 0.6% | Mkt Cap: 57,166m
- Published:
06 Nov 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
BMW had a dismal H1 19 when car deliveries and revenue were hardly up and when earnings collapsed. All these numbers were back in positive territory in Q3 and they all exceeded our projections. While net earnings of €1.55bn were only slightly higher than our expected €1.53bn, EBIT of €2.29bn was considerably higher than our €2.07bn.