Vehicle deliveries increased by 5.0% to 1.22m while consolidated revenue increased by 7.4% to €49.2bn (we had €50.3bn). Simultaneously, EBIT increased by 7.6% to €5.58m and net earnings by 22% to €4.36bn. While EBIT was slightly higher than our projection (€5.47bn), net earnings were clearly higher (€4.08bn).
03 Aug 2017
H1 net profit the only positive surprise
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H1 net profit the only positive surprise
Bayerische Motoren Werke AG (BMW:WBO) | 0 0 0.6% | Mkt Cap: 57,166m
- Published:
03 Aug 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
Vehicle deliveries increased by 5.0% to 1.22m while consolidated revenue increased by 7.4% to €49.2bn (we had €50.3bn). Simultaneously, EBIT increased by 7.6% to €5.58m and net earnings by 22% to €4.36bn. While EBIT was slightly higher than our projection (€5.47bn), net earnings were clearly higher (€4.08bn).