Quote:
Originally Posted by Mahzari
BMW Group earned records revenue and sales volume in 2016, but they incurred more expenses than previous periods as they ramp up to build the next-generation of cars with new tech (e.g., new 5-series and all the cars to follow).
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Is that factual? The discrepancy between the EBIT and EBT margins would indicate that the increased expenses were not the kind of thing that relates to normal R & D or production costs - or else it would be reflected in both sets of figures (I think).
Their credit status has just been upgraded and they made less money once interest payments had been taken into account - so it seems to be more like they cleared off a bunch of credit.