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BMW Group reports EBIT down 24.6% in Q1 2024
On May 8, BMW Group announced that in Q1 2024, group revenues decreased 0.6% y/y to EUR 36.6 billion, EBIT was down 24.6% to EUR 4.05 billion and net profit decreased 19.4% to EUR 2.95 billion.
The automotive EBIT totaled EUR 2.7 billion for the Q1, down 28.2% y/y with a 8.8% margin. EBIT was impacted by higher manuf....
The automotive EBIT totaled EUR 2.7 billion for the Q1, down 28.2% y/y with a 8.8% margin. EBIT was impacted by higher manuf....
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