BMW Earnings Underperform, Margin Declines
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BMWReuters
•Business
Business & Economics
BMW expects full-year earnings margin in lower half of 6-7% target
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83% Informative
Inflation and higher fixed costs from unwinding inventory hit its earnings in the last three months .
The slides were presented during a call with investors that was not open to the press during a closed period on company information.
BMW cut its outlook for the year to 6-7% from 8-10% in September .
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