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<Results>BMW Confirms Full-yr Results Guidance; 1Q EBIT for Auto Unit Beats
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BMW confirmed its full-year results guidance, and expected profit before tax to be flat YoY, with an operating profit margin for its auto segment of 5-7%, as some of the tariffs on auto imports are estimated to start falling in July. BMW's 1Q25 EBIT of EUR2.02 billion at its auto unit was higher than market consensus, while operating profit margin fell to 6.9%, still higher than market consensus of 6.3%. AAStocks Financial News |
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