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BMW Group reports revenues down 8.4%, EBIT down 37.7% in 2024
On March 14, BMW Group announced 2024 financial results.
The Group’s total revenues were down 8.4% yoy to EUR 142.4 billion, reflecting a moderate decline due to lower sales volumes and strong competition in China. Group EBIT plummeted 37.7% yoy to EUR 11.5 billion, resulting in an EBIT margin of 7.7%. The automotive....
The Group’s total revenues were down 8.4% yoy to EUR 142.4 billion, reflecting a moderate decline due to lower sales volumes and strong competition in China. Group EBIT plummeted 37.7% yoy to EUR 11.5 billion, resulting in an EBIT margin of 7.7%. The automotive....
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