BMW CFO Sees Benefits From Euro-Dollar Exchange Rate in 2015
March 18 2015 - 07:19AM
Dow Jones News
By William Boston
MUNICH--BMW AG (BMW.XE), the world's biggest premium car maker
by sales, sees more benefits from the current dollar-to-euro
exchange rate than in the past year, Chief Finance Officer
Friedrich Eichiner told reporters Wednesday.
"Last year it was a clear burden...that was offset through
improvement in the second half," he said in response to a question
about the impact of currencies on 2014 earnings. "In the subsequent
period we now expect more tailwinds from currencies."
Mr. Eichiner was speaking at the company's annual news
conference to present results.
Write to William Boston at William.Boston@wsj.com
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