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BMW sees triple-digit mln eur currency, commodity tailwinds

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BMW expects a triple-digit million euro gain from currency and commodities effects this year, chief financial officer Friedrich Eichiner said on a conference call with journalists on Tuesday.

[FRANKFURT] BMW expects a triple-digit million euro gain from currency and commodities effects this year, chief financial officer Friedrich Eichiner said on a conference call with journalists on Tuesday.

Separately, chief executive Harald Krueger said BMW would make a successor vehicle to the Z4 convertible, a car that has been developed together with Toyota.

BMW earlier reported first-quarter financial results, with operating profit sliding 2.5 per cent and slightly missing expectations due to currency headwinds and higher administrative and selling expenses.

REUTERS