BERLIN (Reuters) – BMW has lifted its annual outlook for its margin on earnings before interest and taxes in the automotive segment to between 9-10.5% from 8-10% previously, and expects solid growth to its deliveries, the carmaker said on Tuesday.
BMW had previously forecast just a slight growth in deliveries but adjusted this expectation upwards on the basis of a strong order bank and expected improvement in the availability of its premium vehicles, it said.
(Reporting by Victoria Waldersee; editing by Matthias Williams)
