Thursday, 1 August 2013

BMW net profit more than doubles to 1.81 billion euros

Frankfurt, Aug 2 (Newswire): The world's leading luxury car maker, BMW, said Tuesday that its second quarter net profit more than doubled from the same period a year earlier to 1.81 billion euros ($2.58 billion).

Sales gained 16.5 percent to almost 17.9 billion euros, and a BMW statement said that "we expect the business environment to remain favourable during the second half of 2011.

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