GERMANY: Analysts see BMW second half net profit off 17% – report
A Dow Jones survey of seven analysts said that BMW on Thursday is expected to post a 17% decline in second quarter net profit to €523 million from €629 million.
A Dow Jones survey of seven analysts said that BMW on Thursday is expected to post a 17% decline in second quarter net profit to €523 million from €629 million.
The report said pre-tax profit is seen by the analysts down 17% to €851 million from €1.02 billion. Sales are forecast down 3.6% to €11.18 billion from €11.6 billion.
BMW is expected to focus on the outlook for the second half and comment on the impact of the new 5 series sedan, Dow Jones said.
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