Setback for BMW

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Setback for BMW
Photo: Magnus Hjalmarson Neideman/SvD/TT

German car manufacturer BMW made an operating profit of 1.88 billion euros (20.7 billion kronor) during the fourth quarter, which was a deterioration of 57 percent compared to the same period in 2023. Revenues fell by 15 percent to 36.4 billion euros.

In a forecast, management expects the operating margin in the car business, profit in relation to sales, to land between 5 and 7 percent for the full year 2025. In 2024, it was 6.3 percent.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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