While automobile (+1.2% to 0.59m) and motorbike deliveries (+12% to 49,429) were up, all of the group’s profit numbers headed south. Consolidated revenue was at a standstill (+0.3% to €23.4bn), but EBIT fell by 3.2% to €2.30bn, pre-tax earnings by 5.9% to €2.42bn, and net profit by 1.8% to €1.79bn. All these numbers were marginally below our projections. PS: The delivery volume of full-electric vehicles increased by 64% to 68,687 ytd.
07 Nov 2017
Q3 17 was a rather poor quarter
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Q3 17 was a rather poor quarter
Bayerische Motoren Werke AG (BMW:WBO) | 0 0 0.6% | Mkt Cap: 57,166m
- Published:
07 Nov 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
While automobile (+1.2% to 0.59m) and motorbike deliveries (+12% to 49,429) were up, all of the group’s profit numbers headed south. Consolidated revenue was at a standstill (+0.3% to €23.4bn), but EBIT fell by 3.2% to €2.30bn, pre-tax earnings by 5.9% to €2.42bn, and net profit by 1.8% to €1.79bn. All these numbers were marginally below our projections. PS: The delivery volume of full-electric vehicles increased by 64% to 68,687 ytd.