BMW Shares Fall Despite Record Profit on Concerns Over Future Growth – Wall Street Journal

Posted: Thursday, March 10, 2016

BMW AG reported strong 2015 earnings and sales gains but its shares fell nearly 2% on Wednesday after the German premium car maker disclosed a lower-than-expected dividend increase.

Net profit in 2015 rose 10% to €6.4 billion ($7.05 billion), compared with €5.8 billion a year earlier. Revenue increased 15% to €92.2 billion from €80.4 billion, helped by favorable currency rates.

The Munich-based auto maker, which produces the…


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