profit

By Edward Taylor MUNICH (Reuters) – German carmaker BMW AG (BMWG.DE) said it expects 2015 sales volume and group profit before tax to rise by a medium to high single-digit percentage, issuing more subdued guidance than a year ago amid higher investment costs for new technologies. BMW had last year predicted significant growth in 2014 Read More

By Jonathan Gould MUNICH (Reuters) – German insurer Allianz (ALVG.DE) raised its dividend by less than expected after earnings in its core property and casualty insurance businesses lagged and asset management stalled following client defections at its U.S. unit Pimco. Shares in Europe’s largest insurer fell more than 3 percent on Thursday and were the Read More

By Harro Ten Wolde WALLDORF, Germany (Reuters) – Europe’s largest software group SAP SE (SAPG.DE) cut its 2017 operating profit outlook on Tuesday, saying its push into cloud-based delivery will further eat into profit margins before clearing the way for profits to expand from 2018 onward. The German company’s move to deliver business planning software Read More