BMW's Q4 results show weak profit, lower dividend, buybacks planned, flat pre-tax profit forecasted in FY25.
From Nasdaq: 2025-03-14 02:57:20
German automaker BMW Group reported a weak profit in the fourth quarter due to lower Automotive deliveries. Net profit fell 40.9% to 1.55 billion euros, with earnings per share dropping 36.1% to 2.41 euros. Profit before financial result plunged 57.3% to 1.88 billion euros, and revenues were down 15.2% to 36.42 billion euros. Automotive deliveries decreased by 2.9% to 696,697 units, while Motorcycle deliveries increased by 5.9% to 46,949 units. BMW AG will propose a reduced dividend at the Annual General Meeting and seek authorization to buy back additional shares. The company projects Group earnings before taxes to remain on the previous year’s level for 2025.
Read more at Nasdaq: BMW Q4 Results Down, Cuts Dividend, Plans Buybacks; Sees Flat Pre-tax Profit In FY25