Bayerische Motoren Werke AG (FRA:BMW)
€ 92.98 1.06 (1.15%) Market Cap: 59.05 Bil Enterprise Value: 109.14 Bil PE Ratio: 5.69 PB Ratio: 0.67 GF Score: 92/100

Q1 2024 Bayerische Motoren Werke AG Earnings Call Transcript

May 08, 2024 / 08:15AM GMT
Release Date Price: €100.75 (-3.96%)
Unidentified Company Representative

Our CEO, Oliver Zipse; and our CFO, Walter Mertl, are also back in the room with me. The line will be open shortly for your questions. The operator will first give you some technical instructions. Please go ahead.

Questions & Answers

Operator

(Operator Instructions) Our first question comes from Tim Rokossa at Deutsche Bank.

Tim Rokossa
Deutsche Bank AG, Research Division - Head of Research

It's Tim from Deutsche Bank. I'd have two questions, please. The first one is, I think the key element to discuss today is the pricing element of your EBIT bridge. All of your competitors have already reported. We've seen reporting season with very peer clear trends. Volume was generally weak. Pricing was generally very strong for your competitors.

For you, that's not the case. Less volume issues clearly speak for your superior supply chain and model cycle management. We love that about you guys. That's great, but the pricing raises a few question marks. So two questions on that.

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