BMW Group (BMW.L,BAMXF.PK,BAMXY.PK) reported Wednesday its fist-quarter net profit of 1.52 billion euros, 4 percent higher than last year's 1.46 billion euros. Earnings per share grew 3.6 percent to 2.30 euros from 2.22 euros a year ago.
Profit before tax improved 5.1 percent to 2.27 billion euros.
Group revenues went up by 14.7 percent to 20.92 billion euros from 18.24 billion euros last year. Automobile sales volume of the BMW Group climbed 8.1 percent to 526,669 units.
Further, the company confirmed earnings outlook for the current year.
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