BMW beats pre-pandemic earnings, but chip troubles hit fourth quarter:
The premium carmaker, which sold a record 2.52 million vehicles last year despite semiconductor shortages, reported a 10.3% earnings margin for the year, its highest since 2017.
Quarterly net profit for the group came in at $2.04 billion, a third higher than last year but well below 2019 levels of $4.54 billion. French carmaker Renault, Stellantis as well as Swedish Volvo were all among the worst performers of their respective indexes on Thursday. Mercedes-Benz, for example, registered a 24.7% fall in deliveries in the fourth quarter of 2021 but still boosted its EBIT by 12% in its cars and vans division.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Tod’s Improves Performance in 2021, Suspends Deliveries to RussiaTod’s leather goods category and the Roger Vivier brand fueled the group’s revenues, which were also lifted by a strong performance in Greater China.
Les mer »
Ulta Beauty Posts Major 2021 Sales JumpThe CEO expects consumers to maintain self-care routines and become more resilient to COVID-19 surges.
Les mer »
Cointelegraph Research report analyzes GameFi’s bumper 2021 and trends for 2022If getting paid for playing still sounds incredible to you, make sure you read Cointelegraph’s report on GameFi this March. It might show you the way to the gold.
Les mer »
NZD/JPY hits highest since November 2021, eyes test of 80.00 level as commodity-FX outperformsNZD/JPY hit its highest levels since November 2021 at 79.80 on Thursday, with commodity-linked currencies like the kiwi (and Aussie and loonie) in dem
Les mer »