Wednesday, May 6, 2020

BMW Q1 Net Profit Down; Warns On FY20 Earnings, Margin; Stock Dips

Shares of BMW AG were losing around 3 percent in the German trading after the luxury carmaker on Wednesday reported weak net profit in its first quarter, and warned about significant drop in fiscal 2020 profit before tax due to the negative impact of the worldwide corona crisis.

from RTT - Earnings https://ift.tt/3caAmm8
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