BMW's new chief executive delivered a 33% third-quarter operating profit ri...
) new chief executive delivered a 33% third-quarter operating profit rise as stronger sports utility vehicle sales and the absence of the one-off factors which depressed earnings a year earlier lifted its earnings.
The Munich-based company said its earnings before interest and taxes rose to 2.29 billion euros , up from 1.72 billion euros in the year-earlier quarter and ahead of the 2.16 billion euros forecast in a Refinitiv poll. BMW said in March it expects a significant fall in group pretax profit, a slight increase in vehicle deliveries, and an EBIT margin of between 4.5% and 6.5% in the automotive division, an outlook it reiterated on Wednesday.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A Quest to Find a Three-of-a-Kind BMWA car lover who does driving stunts on the side explains why her rare 2006 Z4 M Coupe occupies a special place in her heart.
Read more »
Barneys New York Has Officially Been SoldBarneys New York has officially sold to Authentic Brands Group. Barneys CEO Daniella Vitale stepped down following the sale.
Read more »
Barneys New York Has Officially Been SoldBarneys New York has officially sold to Authentic Brands Group. Barneys CEO Daniella Vitale stepped down following the sale.
Read more »
Barneys New York Has Officially Been SoldBarneys New York has officially sold to Authentic Brands Group. Barneys CEO Daniella Vitale stepped down following the sale.
Read more »
Barneys New York Has Officially Been SoldBarneys New York has officially sold to Authentic Brands Group. Barneys CEO Daniella Vitale stepped down following the sale.
Read more »
Twitter CEO escalates his war of words with Zuckerberg in tweet poking fun at Facebook's new logoIn a tweet on Tuesday, the Twitter CEO made fun of Facebook's new corporate logo.
Read more »