Sharjah24 – Reuters: German automaker BMW reported third-quarter earnings before interest and taxes of 2.88 billion euros ($3.33 billion) on Wednesday, beating analysts' expectations of 2.34 billion euros, as it offset reduced deliveries with higher prices.
The premium automaker reaped revenues of 27.47 billion euros in the third quarter, up 4.5% from the previous year, with a EBIT margin in its automotive division of 7.8%.