Tuesday, November 13, 2018

BMW, Daimler Profit warnings hit shareholder value

Continued uncertainty over international trading conditions, profit warnings from two leading German automakers and the sudden death of a chief executive all contributed to declines seen in the latest Automotive News Europe /PricewaterhouseCoopers Transaction Services Shareholder Value Indices. In the third quarter of this year BMW shed 0.3 percent of its value and Daimler 1.7 percent, while PSA Group surged ahead by 18.8 percent.



posted first on Accounting News

No comments:

Post a Comment