BMW Stock Dips On Weak Q2 Profit, Margin; Deliveries Up; Backs FY18 Outlook

Shares of BMW AG were losing around 3 percent in the morning trading in Germany after the luxury carmaker reported Thursday weak profit and margin in its second quarter, despite increased deliveries. Looking ahead, the BMW Group reaffirmed its targets for the full year, and continues to expect Group profit before tax at the previous year's level.

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