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BMW Q3 net profit leaps to 874 million euros

BMW Q3 net profit leaps to 874 million euros
AFP
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First Published: Wed, Nov 03 2010. 12 22 PM IST
Updated: Wed, Nov 03 2010. 12 22 PM IST
Frankfurt: Net profit at the world’s leading luxury car maker, BMW, leapt 11-fold in the third quarter of 2010 compared with the same period a year earlier, to €874 million $1.2 billion), the group said Wednesday.
Analysts polled by Dow Jones Newswires had forecast a gain of 914% to €791 million as German premium car makers benefit from strengthening markets in Brazil, China, India and Russia.
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First Published: Wed, Nov 03 2010. 12 22 PM IST