Colosseum a.s. (Colosseum a.s.)
Commodities  |  August 01, 2012 10:39:28

Earnings surpassed the expectations of BMW

ColosseumLargest producer of luxury vehicles in the world, BMW (BMW GR) today said that in the second quarter amounted to earnings before interest and tax-EUR 2.27 billion, which slightly surpassed analysts' expectations at 2.16 billion euros. Revenue increased year on year by 7.3% to 19.2 billion. Sales potiahli X3 models and series 1 Demand for them has increased dramatically especially in the U.S. and China. Management still anticipates that this year the company will sell a record number of cars. Share price falls by 4% to € 58.4.

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