BMW’s profit numbers were good and the Q1 bottom line was higher than we had anticipated. However, the latter is the result of a one-time revaluation gain and a slight tax rate fall. All combined, the numbers are about as expected.
04 May 2018
Q1 numbers about in line with our expectations
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Q1 numbers about in line with our expectations
Bayerische Motoren Werke AG (BMW:WBO) | 0 0 0.6% | Mkt Cap: 57,166m
- Published:
04 May 2018 -
Author:
Hans-Peter Wodniok -
Pages:
2
BMW’s profit numbers were good and the Q1 bottom line was higher than we had anticipated. However, the latter is the result of a one-time revaluation gain and a slight tax rate fall. All combined, the numbers are about as expected.