Volkswagen and BMW Group report falling revenue and shrinking profits
Statements (8)
- Bearish
BMW's third-quarter revenue and profit declined compared to the previous year.
- Bearish
BMW's third-quarter operating profit fell by nearly 30 percent.
- Bearish
BMW's pre-tax earnings fell in the third quarter, with restructuring charges expected to be significant by year-end.
- Bearish
BMW reported a 15% decrease in profit for the third quarter.
- Bearish
BMW Group reported lower profit in its third quarter due to weak vehicle deliveries across its portfolio.
- Bearish
BMW reported a shrinking profit in the third quarter of the current year.
- Bearish
BMW Group's third-quarter revenue fell 5.8% to €30.45 billion compared to the same period last year.
- Bearish
Volkswagen Group reported third-quarter revenue of €75.3 billion, falling 6.3% from the same period last year.