UPDATE 2-BMW shares slip as 2004 revenues disappoint

Newswire

(Adds analyst comments, share price) By Christiaan Hetzner FRANKFURT, Jan 26 (Reuters) - German carmaker BMW said on Wednesday revenues rose 6.8 percent last year and confirmed it would report record profits, but its shares slipped as turnover fell short of expectations. Revenues climbed to 44.34 billion euros ($57.85 billion) from 41.53 billion in 2003, due mainly to an 11 percent rise in revenues to 42.54 billion at its core auto division, which is in the midst of its biggest product ...

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