BMW Cuts Profits Forecast, Blames Trade Disputes and Emissions Costs
%%excerpt%% BMW warned investors its 2018 revenues and profits will likely fall due to the costs of implementing new emissions standards and global trade war
BMW profit up 13%, helped by China sales
BMW said its earnings and sales rose in the second quarter, helped by demand in China. Net profit after minorities was 2.19 billion euros
BMW Group recorded significant first-quarter growth
The BMW Group has begun the financial year 2017 with a solid first quarter and made excellent progress in terms of implementing Strategy NUMBER ONE > NEXT
BMW pretax profit jumps 27% on higher revenue
In the first quarter of the financial year 2017, the BMW Group achieved a profit before tax of € 3,005 million (2016 Q1: € 2,368 million / +26.9%)
Record year 2016: BMW Group remains on course
The BMW Group continued its successful course during its 101st year, reporting its best ever figures to date for sales volume, revenues and earnings
