BMW Lifts 2021 Annual Profit Forecast To 9.5%-10.5%

BMW Lifts 2021 Annual Profit Forecast To 9.5%-10.5%

The management of BMW AG has lifted its annual profit margin forecast to between 9.5% and 10.5% from 7% to 9%.    The company in a statement also boosted its forecast for return on equity in its financial services segment to 20%-23% from...
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BMW Declares $5.7b Profit In Q2

BMW Declares $5.7b Profit In Q2

BMW on Tuesday disclosed that it attained $5.7billion net profit in the second quarter.    The company explained that it benefited from strong pricing during the quarter and a predominance of more-profitable vehicles in its sales mix. It reaped ...
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