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

BAYERISCHE MOTOREN WERKE (BMW)
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Bayerische Motoren Werke : BMW 1st Half Sales Rise on Year on Solid Demand Across Main Markets

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07/12/2018 | 09:19am CEST

By Nathan Allen

Bayerische Motoren Werke AG (BMW.XE) said Thursday that its first-half sales rose 1.8% thanks to strong demand in Europe, the Americas and Asia.

The German premium auto maker said it sold 1.24 million cars in the first six months of the year, compared with 1.22 million a year earlier. Sales for June rose 2.7% to 238,920 units, the company said.

First-half sales of electrified BMW and Mini cars rose more than 42%, particularly in markets which provide incentives to buyers of electric vehicles, the company said.

"Three quarters of the vehicles we sell in Norway are electrified, while one in three BMW 5 Series delivered in California is now a plug-in hybrid," said BMW Board Member for Sales and Brand BMW Pieter Nota.

Write to Nathan Allen at [email protected]

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Financials (€)
Sales 2018 99 035 M
EBIT 2018 9 838 M
Net income 2018 7 573 M
Finance 2018 21 573 M
Yield 2018 5,00%
P/E ratio 2018 7,05
P/E ratio 2019 6,85
EV / Sales 2018 0,31x
EV / Sales 2019 0,29x
Capitalization 52 503 M
Chart BAYERISCHE MOTOREN WERKE
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Bayerische Motoren Werke Technical Analysis Chart | BMW | DE0005190003 | 4-Traders
Technical analysis trends BAYERISCHE MOTOREN WERKE
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 29
Average target price 94,2 €
Spread / Average Target 17%
EPS Revisions
Managers
NameTitle
Harald Krüger Chairman-Management Board
Norbert Reithofer Chairman-Supervisory Board
Nicolas Peter Chief Financial Officer
Susanne Klatten Independent Member-Supervisory Board
Manfred Schoch Deputy Chairman-Supervisory Board
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