BMW's profits for the first quarter to March 31st were up sharply from a year earlier but it says second-half profits will be affected by product portfolio expansion.
The German car-maker issued first-quarter results for the first time and said net profits rose to euro 409 million from euro 87 million.
Sales climbed to euro 9.4 billion from euro 8.736 billion. BMW says the positive earnings and sales trends from the first quarter will be carried on in the rest of the year.
A new product offensive is also beginning but the firm says costs from the roll-out of the new Mini One and Mini Cooper and the model change in the BMW 7 Series will burden results in the second half of the year.
BMW says the results of its car division had been boosted by the performance of its 3 Series and 5 Series models and proceeds of euro 75 million from unwanted real estate.
PA