BMW has made a huge increase in third-quarter profit to EUR78m EUR874m, from a year ago on income with 35.6% to EUR15.94bn. Nine-month net profit was 2.03bn (EUR47m) on revenue by 20.7% to EUR43.73bn.
Third quarter 366,190 BMW, mini and Rolls-Royce deliveries rose by 13% to 366,190 units and nine-month sales rose by 13.1% 1.059,216 units.
Third-Quarter EBIT rose to EUR, thirteen of EUR55m) while nine-month EBIT rose from EUR169m to EUR3.36bn.
Q3 profit taxes was ToEUR 36bn (EUR126m) and EUR3.17bn (EUR79m).
"We expect macro-economic conditions for the rest of 2010 remains stable recovery on wide international car markets site gives reason to believe that the sales volumes significantly higher, particularly in emerging markets," said BMW.
"Economic recovery is probably also in the United States, give the sales volumes another impetus to continue, all these factors point to a continuation of the good performance of the BMW Group in the last quarter of the year.
"We therefore expects a significant increase in the profit of the group for the full year 2010."
Analysts polled by Dow Jones Newswires had predicted a slightly more modest net profit profit EUR791m. She had expected that sales of EUR14.27bn.
BMW said the group still planned to sell more than 1,4 m vehicles this year, and is seeking a profit margin of between 8% and 10% of its core activities car in 2012.
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