1130 GMT - BMW's automotive margins are guided in the 5%-7% range, in line with Morgan Stanley's expectation but below the market consensus' expected 6%-8% range, in a still weak transition year, analysts at the bank say. BMW delivered on full-year reviewed targets and for 2025 expects a slight increase in automobile deliveries with a light uptick of battery electric vehicles share and flat EBIT margin. Fourth-quarter earnings are below expectations and the bank expects a negative investor reaction. Shares are 0.9% higher on the day having fallen around 4.3% in early trade. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
March 14, 2025 07:30 ET (11:30 GMT)
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