BMW Expects Slight Rise in Revenue, Deliveries in 2018
21 Março 2018 - 06:33AM
Dow Jones News
By Max Bernhard
Bayerische Motoren Werke AG (BMW.XE) said Wednesday that it
expects revenue and deliveries to grow slightly in 2018.
Pretax profit is forecast to stay at a minimum of that of last
year's level, the Munich-based car maker said. BMW reported pretax
profit of 10.66 billion euros ($13.11 billion) for 2017.
Spending for research and development is expected to rise to
around EUR7 billion in 2018, compared with EUR6.1 billion the year
before, BMW said. The car maker expects an research-and-development
ratio of between 6.5% and 7% it said.
BMW targets 140,000 electric-vehicle sales in 2018, and more
than 500,000 by 2019, it said.
Write to Max Bernhard at Max.Bernhard@dowjones.com;
@mxbernhard
(END) Dow Jones Newswires
March 21, 2018 05:18 ET (09:18 GMT)
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