Daily Management Review

BMW reaches pre-tax profit target in 2022


BMW has achieved its 2022 goals with pre-tax profits that were much greater than the prior year. Focus Money magazine published this information referring to the chief financial officer of the firm.

Stephen Kruso
Stephen Kruso
"We didn't need to change the forecast. If not, we wouldn't have been so at ease," Nicolas Peter, the CFO said.

The automaker had not yet commented as of the time of writing; it is scheduled to report its full-year results in mid-March.

According to Peter, demand was particularly robust in the Americas, and while the order book was still full in Europe, new orders were declining in the U.K. and Germany. He noted in an interview with Focus Money, "France and Spain are performing better."

source: focus-magazin.de