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Home International Customs Germany

BMW’s Q1 net profit rises 8.2%

byCT Report
04/05/2016
in Germany
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BERLIN: Luxury automaker BMW yesterday said net profit rose 8.2 percent in the first quarter as the company saw strong sales in key markets in Europe and Asia. Profit rose to 1.64 billion euros (US$1.88 billion) from 1.52 billion euros a year earlier.

The Munich-based company said it saw record sales for the first quarter, boosted by a jump of 10.5 percent in China and 9.5 percent in the recovering European economy.

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