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MarketScreener Homepage  >  Equities  >  Xetra  >  Bayerische Motoren Werke AG    BMW   DE0005190003

BAYERISCHE MOTOREN WERKE AG

(BMW)
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Bayerische Motoren Werke : BMW assures Hungary factory project unaffected by sector struggles

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05/16/2019 | 05:11am EDT
Car manufacturers display their wares on the show floor of the North American International Auto Show in Detroit

BUDAPEST (Reuters) - German car maker BMW has assured Hungary it that an investment in a new factory in eastern Hungary is going ahead as planned, the Hungarian government said on Thursday.

BMW and sector peer Daimler have started billion-euro factory construction projects in Hungary yet both are under review due to a projected fall in demand, German newspaper Handelsblatt reported.

"I still need to get information about (Daimler), but BMW fully informed us yesterday," Gergely Gulyas, the prime minister's chief of staff, told a media briefing.

"In no way does the existing decline in the German auto industry affect the BMW factory in Debrecen."

(Reporting by Krisztina Than and Marton Dunai; editing by Jason Neely)

Stocks mentioned in the article
ChangeLast1st jan.
BAYERISCHE MOTOREN WERKE AG -0.58% 62.1 Delayed Quote.-11.65%
DAIMLER AG -0.22% 47.315 Delayed Quote.3.29%
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Financials (€)
Sales 2019 98 715 M
EBIT 2019 7 470 M
Net income 2019 5 661 M
Finance 2019 15 482 M
Yield 2019 5,16%
P/E ratio 2019 7,33
P/E ratio 2020 6,25
EV / Sales 2019 0,25x
EV / Sales 2020 0,23x
Capitalization 40 491 M
Chart BAYERISCHE MOTOREN WERKE AG
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Technical analysis trends BAYERISCHE MOTOREN WERKE A
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Consensus
 
Mean consensus HOLD
Number of Analysts 30
Average target price 77,5 €
Spread / Average Target 24%
EPS Revisions
Managers
NameTitle
Harald Krüger Chairman-Management Board
Norbert Reithofer Chairman-Supervisory Board
Nicolas Peter Chief Financial Officer
Susanne Klatten Independent Member-Supervisory Board
Manfred Schoch Deputy Chairman-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
BAYERISCHE MOTOREN WERKE AG-11.65%45 096
TOYOTA MOTOR CORP9.11%191 718
VOLKSWAGEN1.67%79 799
DAIMLER AG3.29%56 165
GENERAL MOTORS CORPORATION6.61%47 800
BAYERISCHE MOTOREN WERKE AG0.00%45 096