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BMW Headquarters Views Press Conference
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- Description: BMW Headquarters Views Press Conference. The BMW Group is confident about the current financial year after a record year in 2011. "We are targeting new highs in sales volume and pre-tax earnings for 2012", stated Norbert Reithofer, Chairman of the Board of Management of BMW AG at the Annual Accounts Press Conference in Munich on Tuesday. The Automotive segment remains on course to achieve an EBIT margin of between eight and ten percent, in line with our long-term profitability targets. Provided that the global economic climate does not take a turn for the worse, the BMW Group forecasts an EBIT margin in 2012 for the Automotive segment at the upper end of this corridor.
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