BMW: Profit decline in Q1! Annual forecast remains stable!

BMW's revenue fell by nearly 8% compared to the same quarter last year, amounting to €33.8 billion. Profit dropped to €2.2 billion, representing a decrease of 26%. This decline is mainly attributed to sales difficulties in China, where deliveries decreased by 17.2%. Moreover, impending US tariffs and global trade conflicts have weighed on the business. Despite shrinking profits, BMW exceeds expectations Although profit is declining, the quarterly figures surpassed the expectations of most analysts. On average, they had anticipated a revenue...