BMW NOTCHES HUGE PROFIT FOR 1ST QUARTER OF 2021

By The Financial District
Apr 20, 2021
1 min read

Record sales in the first quarter have given German carmaker BMW a surprisingly large profit in its day-to-day business, Deutsche Presse-Agentur (dpa) reported.

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According to the company's own statements, BMW exceeded stock market expectations in terms of key earnings figures.

The automotive division was able to increase its earnings before interest and taxes in the first quarter from 229 million euros in the same period last year to now a good 2.2 billion euros.

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