BMW’s car deliveries were up by 5.3% to 587,237 in Q1 which allowed consolidated revenue to increase by 12% to €23.45bn. EBIT was up by 7.7% to €2.65bn whereas net profit skyrocketed by 31% to €2.15bn. These numbers were higher than we had anticipated.
04 May 2017
Some operating margin pressure but a much higher net financial result
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Some operating margin pressure but a much higher net financial result
Bayerische Motoren Werke AG (BMW:WBO) | 0 0 0.6% | Mkt Cap: 57,166m
- Published:
04 May 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
BMW’s car deliveries were up by 5.3% to 587,237 in Q1 which allowed consolidated revenue to increase by 12% to €23.45bn. EBIT was up by 7.7% to €2.65bn whereas net profit skyrocketed by 31% to €2.15bn. These numbers were higher than we had anticipated.