BMW had announced in early April that its Q1 earnings would include a provision of more than €1bn for the ‘more than likely’ EU fine for having colluded with other German car producers. It has actually provided an amount of around €1.4bn.
07 May 2019
Q1 profits sharply down
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Q1 profits sharply down
Bayerische Motoren Werke AG (BMW:WBO) | 0 0 0.6% | Mkt Cap: 57,166m
- Published:
07 May 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
BMW had announced in early April that its Q1 earnings would include a provision of more than €1bn for the ‘more than likely’ EU fine for having colluded with other German car producers. It has actually provided an amount of around €1.4bn.