Autoindustrie: Sparprogramm sorgt für Gewinnwarnung bei BMW
Die Münchner erwarten, im Automobilgeschäft weniger zu verdienen. Schuld ist unter anderem der Erfolg des Jobabbauprogramms.
Munich - BMW has lowered its earnings forecast for the current year, anticipating lower profits in its core business compared to previous expectations. The reduction in profit is attributed to expenses related to workforce cuts. The operational margin (Ebit) in the automotive division is now expected to be between minus 0.5 and plus 0.5 percent, down from the previous forecast of 1 to 3 percent.
In summer, BMW announced plans to lay off thousands of jobs in Germany. An early October redundancy scheme proved successful, and the company had to restate its profit expectations after less than three weeks. Numerous departures and their associated costs are expected to take effect in the ongoing fourth quarter. Earlier reports suggested BMW had budgeted around one billion euros in total costs for the job reduction program. The group will disclose details of its third-quarter results in the early hours of Wednesday.
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