TITLE

BMW Q3 net income up 15%, but operating profit stalls

AUTHOR(S)
Leggett, Dave
PUB. DATE
November 2016
SOURCE
Aroq - Just-Auto.com (Global News);11/7/2016, p1
SOURCE TYPE
Market Research Report
DOC. TYPE
Article
ABSTRACT
The article focuses on increase in the net income as reported by the automobile firm Bayerische Motoren Werke AG (BMW) in the third quarter of 2016, with a decline to operating profit in the core automotive division that worried investors. Topics discussed include fall in earnings before interest and tax at BMW's core automotive division due to higher employee costs, decrease in the unit's operating margin and higher revenues as compared to that in 2015.
ACCESSION #
120626670

 

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