BMW third quarter net profit leaps to 874 million euros

3rd November 2010, Comments 0 comments

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 euros (1.2 billion dollars), the group said Wednesday.

Analysts polled by Dow Jones Newswires had forecast a gain of 914 percent to 791 million euros as German premium car makers benefit from strengthening markets in Brazil, China, India and Russia.

© 2010 AFP

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