BMW Issues Second Profit Warning in a Year
14 Articles
14 Articles
BMW Lowers Outlook a Second Time Since June on Downturn in China
BMW issues second profit warning in a year
The core profit margin at the cars business was now seen at between minus 0.5 percent to plus 0.5 percent in 2026, BMW said, meaning it could make an operating loss in its key activity. That compares to a core profit margin of between one and three percent which the Munich-based manufacturer expected back in June, itself a cut on expectations at the start of the year. Like its peers, BMW has struggled with cutthroat competition and falling deman…
BMW is drastically reducing its profit forecast for the second time this year. Instead of a return of up to three percent, the car business is now even facing a loss. In addition to weaker sales, accelerated job cuts and further corporate conversions are also burdensome.
Zeit Online
Handelsblatt
Milan, 3 Nov. (askanews) Bmw again cuts forecasts on 2026. The management board lowered the Ebit margin of the Automotive segment in a corridor between -0,5% and +0,5%, from the previous 1-3%. It is the second profit warning of the year after that of June, when the target had already dropped from the initial 4-6% for weakness [...]
The automotive group will publish on 4 November the balance sheet of the third quarter. In the new annual forecasts an operating margin of zero for the Automotive segment
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