BMW AG Earnings: New 5 Series Drives 7.5% Profit Gain
German luxury-car maker BMW AG (NASDAQOTH: BAMXF) said that its operating income rose 7.5% in the second quarter, to 2.93 billion euros ($3.47 billion), as strong global sales of its all-new 5 Series sedan more than offset weakening demand for luxury vehicles in the important U.S. market.
Financial results are shown in millions of euros. As of August 3, 1 euro = about $1.19.
Data source: BMW AG. "Ppts" = percentage points.
Source: Fool.com
