
The car manufacturer is sticking to its goal of an EBIT margin of eight to ten percent, but is not targeting this mark until the beginning of the next decade.
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BMW held a presentation for analysts and investors at the Capital Markets Day.
Munich. The German car manufacturer BMW has updated its strategy and set new goals.
At the current Capital Markets Day, BMW CEO Milan Nedeljkovic and CFO Walter Mertl presented the course for the coming years to analysts and investors.
As can be seen from its report on Wednesday, BMW wants to stick to its self-imposed goal of an EBIT margin in the car segment of eight to ten percent.
Given the current difficult situation of the group and the entire automotive industry, the company is still taking its time.
This mark is expected to be achieved at the beginning of the next decade.
The group has set itself an interim goal of a return of three to five percent by 2028.
The car manufacturer is currently still a long way from achieving this.
For the coming year, BMW is forecasting a margin in the car business of one to three percent.
AI outlook — possibilities, not facts
BMW is promising a margin of one to three percent next year.
Very likely · Within months
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