BMW Heading for a Bumpy Ride?
Brexit will cast a cloud over BMW second-quarter results when it reports on August 2. While the group is expected to report a 2% rise in second-quarter pre-tax profits to €2.63 from €2.55 the previous year and a rise in revenues to €24.55 billion from €23.93 billion, the estimates for the company going forward aren’t as great. Analysts at Deutsche
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