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4-Traders Homepage  >  Equities  >  Xetra  >  Bayerische Motoren Werke AG    BMW   DE0005190003

Delayed Quote. Delayed  - 08/26 05:35:16 pm
77.23 EUR   +1.33%
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BMW eyes new production sites abroad

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05/18/2012 | 01:53pm CEST

Premium carmaker BMW (>> Bayerische Motoren Werke AG) is considering new production sites around the world, with one option being Mexico, a person familiar with the situation told Reuters on Friday.

Premium carmaker BMW (>> Bayerische Motoren Werke AG) is considering new production sites around the world, with one option being Mexico, a person familiar with the situation told Reuters on Friday.

German daily Handelsblatt earlier cited company sources as saying BMW was examining whether to build plants in Mexico and eastern Europe. It said Slovakia's Kosice and Hungary's Miskolc were possible candidates.

BMW declined to comment. Earlier this month, it denied reports it plans to build an assembly plant in Slovakia.

Just like its peers, BMW sees sales volume growing faster abroad in coming years than in Europe, where the market is shrinking amid the euro zone debt crisis.

It wants to build a plant in Brazil, but has threatened to pull the plug on this if new government policies there meant it could not profitably make cars.

Volkswagen's (>> Volkswagen AG) premium brand Audi, a rival to BMW, revealed plans last month to build a factory in Mexico to take advantage of low labor costs there, as well as an exemption from import duties in some regions.

(Reporting by Irene Preisinger; Writing by Maria Sheahan; Editing by David Hulmes)

Stocks treated in this article : Bayerische Motoren Werke AG, Volkswagen AG
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Financials (€)
Sales 2016 93 985 M
EBIT 2016 9 772 M
Net income 2016 6 491 M
Finance 2016 13 989 M
Yield 2016 4,34%
P/E ratio 2016 7,89
P/E ratio 2017 7,86
EV / Sales 2016 0,38x
EV / Sales 2017 0,36x
Capitalization 50 090 M
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Bayerische Motoren Werke A Technical Analysis Chart | BMW | DE0005190003 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 32
Average target price 84,7 €
Spread / Average Target 9,7%
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Harald Krüger Chairman-Management Board
Norbert Reithofer Chairman-Supervisory Board
Friedrich Eichiner Head-Finance
Susanne Klatten Member-Supervisory Board
Manfred Schoch Deputy Chairman-Supervisory Board
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