BMW’s Third-Quarter Profit Falls Slightly – Wall Street Journal

Posted: Wednesday, November 05, 2014

BERLIN—BMW AG reported slightly lower profit on higher revenue in the three months to end-September but the world’s top-selling luxury car maker reaffirmed its outlook for record sales and higher earnings for the full year.

The Munich-based automotive group said on Tuesday that third-quarter net profit fell to €1.31 billion ($1.63 billion) from €1.32 billion on a 4.5% increase in revenue to €19.6 billion. BMW said a higher tax bill…

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