German luxury carmaker BMW said today profit from ordinary activities rose 50 per cent to euro 1.663 billion, but still fall short of expectations.
Analysts expected profit from ordinary activities for 2000 to rise to euro 1.97 billion.
BMW also said net profit before extraordinary items rose to euro 1.026 billion from euro 664 million in 1999, a shade below analysts' expectations which averaged out at euro 1.08 billion.
