HALISTER: BMW 1Q Profit Misses Estimate; FY Forecast Confirmed

BMW 1Q Profit Misses Estimate; FY Forecast Confirmed

(Bloomberg) -- BMW 1Q Ebit EU2.46b, est. EU2.52b.
  • Pretax EU2.37b, est. EU2.46b.
  • Revenue EU20.9b, est. EU22.3b
  • Auto unit Ebit margin 9.4%
  • Confirms forecast for 2016
  • NOTE: In March., company forecast ‘slight’ rise in 2016 pretax profit, revenue; auto Ebit margin of 8%-10%
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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BMW GR (Bayerische Motoren Werke AG)

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