UPDATE 3-BMW shares slip as 2004 revenues disappoint

Newswire

(Adds detail, analyst comment) By Christiaan Hetzner FRANKFURT, Jan 26 (Reuters) - German carmaker BMW boosted revenues 6.8 percent last year and confirmed on Wednesday it would report record profits, but its shares dipped as turnover came in shy of market expectations. The growing popularity of leasing rather than buying cars crimped revenue growth at a time BMW is battling currency headwinds from the weak dollar, analysts said. Revenues climbed to 44.34 billion euros ($57.85 ...

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