Market Overview

BMW Q3 Net Profit Rises 16%

Share:
Related BAMXY
General Motors Sees Sales Growth in China
BMW July Global Car Sales Up 5%
Millennials have the steering wheel now (Seeking Alpha)

BMW AG (OTC: BAMXY) reported a 16% rise in its third-quarter net profit.

BMW's quarterly net profit surged to 1.28 billion euros ($1.64 billion), while earnings before interest and tax rose 14% to EUR2 billion.

Its revenue climbed 14% at EUR18.8 billion.

BMW shares closed at $27.49 yesterday.

Posted-In: profitEarnings News

 

Related Articles (BAMXY)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Benzinga Professional