Invest in BMW or trade BMW stock via CFD
Bayerische Motoren Werke AG or popularly known as BMW is one of the best leading German multinational company. It is an automobile and motorcycle manufacturing company. It was established in 1916, and at that time, it used to manufacture aircraft engines. Later it started operating in the automobile sector, and in 2105 it became the world’s 12th largest manufacturer of motor vehicles. The headquarter of BMW is in Munich, and it manufactures automobiles in different countries such as Germany, Brazil, China, India, U.S, U.K. The global BMW headquarter was designed by Kark Schnauzer, and it represents the cylinder head of a 4-cylinder engine.
BMW Stock Overview
The Germany based company has a market capitalization of 50.61 billion dollars as of October 2019. BMW decided to go public in 1918 on the Frankfurt Exchange. BMW constitutes a huge weightage in the DAX 30 index, which represents 30 largest and most liquid German companies that trade on the Frankfurt exchange. The cost of each share at the time of IPO was 18 euro.
BMW has a very popular motorsports history, especially in touring cars, Formula 1 racing, sports cars, and the Isle of Man TT. The company’s logo is often thought to be symbolizing an aircraft propeller with the white blades cutting through the blue sky. The slogan of the company was developed in America in 1974. It says, “the Ultimate Driving Machine.”
BMW has generated revenue of 26,667 million euros for the fiscal year 2019. The growth of the company looks positive, and the company has raised its outlook for the future. The company has sold 613,361 automobiles in the year 2019 and 43,744 motorcycles in the current year. Currently, BMW is trading at 71.81 euros.
Overall assessment of BMW
Although the global economic conditions remained volatile, the BMW has confirmed its adjusted outlook, while on the other hand, numerous new automobile and motorcycle models, as well as an expanded range of individual mobility-related services, are likely to provide additional momentum.
As a globally operating enterprise, the BMW Group is exposed to a broad range of risks and opportunities. The company’s corporate success is based on leveraging perceived opportunities as they present themselves. In order to drive growth, boost profitability, bolster efficiency, and work in a sustainable way going forward, BMW also needs to take calculated risks.
The BMW group revenues for the nine-month period amounted to 74,373 million euros up slightly by a 3.4% year-on-year basis. The increase in revenue was driven by a favourable sales mix and currency effect. The previous year’s figures were also affected by the fierce competition relating to the introduction of worldwide Harmonised light vehicle test procedures (WLTP).
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