BMW Group achieves record first-quarter earnings
May 4, 2011
The BMW Group continues to perform well and has generated a new record for first-quarter earnings. Group revenues increased by 28.9% to euro16,037m (2010: euro12,443m). The first-quarter profit before financial result (EBIT) rose sharply to euro1,902m (2010: euro449m) while the profit before tax (EBT) climbed to euro1,812m (2010: euro508m).