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