May 08, 2024 08:41 GMT
BMW (A2/A): 1Q24 Results
CONSUMER CYCLICALS
Neutral for spreads with guidance confirmed
• Revenue in line, EBIT beats consensus by 2%.
• FCF of €1.3bn, a touch better than expected.
• FY24 guidance confirmed. FCF > €6bn expected. Consensus expects > €7bn.
• Call ongoing https://kvgo.com/2024-bmw/group-quarterly-call-ana...
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