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BMW Q3 Net Profit Rises 16%

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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

 

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