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Real-time Estimate
Other stock markets
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5-day change | 1st Jan Change | ||
| 106 EUR | -0.56% |
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-0.89% | +5.18% |
| 01:00pm | PEKING/German carmakers want to get off the defensive in China | DP |
| 12:14pm | Mercedes boss on competition in China: 'We are not standing still' | DP |
BERLIN (Reuters) - BMW saw a drop in its automotive margin on earnings before interest and taxes to 8.2% from 15.8% last year as the consolidation of its Chinese joint venture BMW Brilliance dampened earnings, it said on Wednesday.
The carmaker reported a group net profit of 3.05 billion euros ($3.10 billion) from 4.8 billion euros last year.
It confirmed its outlook of 7-9% for the automotive segment but said it expects full-year deliveries to be slightly below last year.
($1 = 0.9823 euros)
(Reporting by Victoria Waldersee)
| 1st Jan change | Capi. | |
|---|---|---|
| +5.18% | 71.7B | |
| +34.99% | 314B | |
| +17.36% | 81.83B | |
| +6.35% | 70.39B | |
| +19.10% | 55.65B | |
| +25.50% | 51.41B | |
| +6.23% | 51.7B | |
| +28.18% | 43.61B | |
| +24.08% | 39.89B | |
| +21.25% | 27.51B |
BMW AG 
