从宝马汽车的财报看欧洲经济

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发生了什么?

德国汽车制造商宝马在周三公布的第三季度财报中透露了销量增长的信息,不过该汽车制造商给出的盈利指引却未能匹配其高端车制造商的声望:宝马汽车预期2019年全年的盈利将“大幅下降”。

这对宝马汽车意味着什么?

在今年早些时候,宝马汽车在运营和监管层面遭受了一系列的挫折,宝马第三季度财报显示去该公司的销售额同比增长8%,而利润则同比增长了11%。

但是今年迄今为止的利润则同比下降了37%,同时因为英国脱欧的不确定性,贸易紧张局势和全球经济经济减缓的影响,这家汽车制造商也没有期待第四季度会出现任何奇迹。

不论是源于监管还是竞争因素,宝马汽车公司都需要对电动汽车、自动驾驶以及更多方面进行大笔投资,而这反过来对宝马汽车公司的盈利能力形成压力。

这也许可以解释宝马汽车公司正在进行的高达130亿美元的成本削减计划。

为什么我需要关注此事

对市场而言:经济正在改善

宝马汽车等德国汽车制造商正处在挣扎中,欧洲的制造业活动处于近7年来的低点也就毫不奇怪了。

不过周三公布的经济数据让人看到一丝希望的曙光:德国的制造业有了反弹的迹象,而德国制造业正是此前欧元区经济下滑的最大原因。

德国9月份的工厂订单数据反弹,需求增长了1.3%,远超过0.1%的预期。

聚焦:阿迪达斯的财报

德国运动服装品牌阿迪达斯在周三公布了季度财报,营收和每股盈利超预期。

阿迪达斯公司70%的营收来自于欧洲之外的市场,故而该公司受到欧盟地区经济疲软的影响较小。

北美地区、亚太地区和新兴市场的销售一直在增长,上个季度欧洲地区的销售也开始加入增长的地区名单中,也许是对欧洲地区的经济更加乐观的时候了。

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