BMW cuts 2026 automotive EBIT margin forecast to -0.5% to +0.5%

• BMW cut its 2026 automotive EBIT margin forecast to -0.5%–+0.5% from 1%–3% as it expands portfolio and restructuring measures.
• Automotive return on capital employed is now forecast at -1%–+1%, down from 1%–5%.
• The automotive EBIT margin before portfolio and restructuring measures is still expected to exceed 2%.
• Automotive free cash flow guidance remains unchanged at more than €2.5 billion.
• Automotive deliveries are now expected to decline moderately from a year earlier, versus a previous forecast for a slight decline.

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