FRANKFURT, Jan 30 (Reuters) - German luxury carmaker BMW said on Thursday its revenues rose ten percent in 2002 and said it would continue to perform successfully this year, although the global economy would remain weak in the first half.
"The BMW Group forecasts that more dynamic economic growth will not be seen until the second half of the year at the earliest," the company said in a statement. "The effects on business of the current tense global political situation remain incalculable."
It said sales rose 9.9 percent to 42.28 billion euros. Its full results for 2002 are due to be published in March.
The company, which sold 1.057 million vehicles last year, has said in the past it expects to post higher full-year profits for 2002 than the previous year, when pre-tax came in at 3.2 billion euros.