Report
Anthony Dick ...
  • Michael Foundoukidis

BMW : Fairly uninspiring release in the current environment

>Earnings below expectations, ‘22 outlook not detailed before March 16th - BMW’s prelim Q4 2021 earnings, reported yesterday, fell slightly short of expectations with the latter having upgraded since January given both the (more) favourable environment at the end of the year (sequential upturn in volumes, price/mix momentum still very positive) and the excellent numbers from its rival Mercedes-Benz a few weeks ago. The details and reasons behind this slight underperfo...
Underlying
BAYERISCHE MOTOREN WERKE AKTIENGESELLSCHAFT

Bayerische Motoren Werke is a holding company, engaged in the development, manufacture and sale of cars and motorcycles. Co. owns three brands: BMW, MINI and Rolls-Royce. Co.'s BMW automobile range encompasses the 1 Series, including coupe and convertible models; the 3 Series, including sedan, touring, coupe and convertible models; the 5 Series, including sedan and touring models; the 6 Series, including coupe or convertible; the 7 Series large sedan; the Z4 roadster and coupe; the sports utility vehicles, X3, X5 and X6 and M models. Co. also provides cars under the MINI brand and motorcycles under the BMW brand. The Rolls-Royce brand provides three cars, Phantom, Coupe and Ghost.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Anthony Dick

Michael Foundoukidis

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