.
– Profit before financial result rises to euro 1,902 million
– Profit before taxes up to euro 1,812 million
– Automobiles segment reports EBIT of euro 1,708 million
– EBIT margin of 11.9% for the Automotive segment
– BMW Group reaffirms targets for current year
The BMW Group continues to perform well and has generated a new record for first-quarter earnings. Group revenues increased by 28.9% to euro 16,037 million (2010: euro 12,443 million). Th
Munich, Germany 05/02/2011 – bebob GmbH, the innovative camera accessory
manufacturer received ‘the Vidy Award 2011’ at the recent NAB trade show in Las Vegas. The
ML-120 Hot Swap Adapter, a buffer for camera powering while swapping the main camera
battery, was chosen as one of the award winning product innovations of 2011.
Preliminary figures suggest that Bechtle-s revenue and earnings in the first quarter of FY 2011 have significantly outperformed market expectations. Between January and March, consolidated revenues climbed to around 450 million euros, some 27 per cent above the previous year (Q1 2010: 355 million euros). Earnings before taxes (EBT) increased by 76 per cent to some 18 million euros (Q1 2010: 10.2 million euros). The EBT margin is at 4.0 per cent, after 2.9 per cent from the previous year.
