Bayerische Motoren Werke AG

BMW: XETR (DEU)
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BMW: Guidance Cut as China Headwinds Delay Recovery

BMW cut its 2026 outlook for automotive EBIT margin to 1%-3% from 4%-6% and expects free cash flow above EUR 2.5 billion. The downgrade reflects accelerating weakness in China, energy cost headwinds, and second-half restructuring charges. The shares dropped after the June 16 announcement.

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