Bayerische Motoren Werke AG (XTER:BMW)
€ 92.84 0.12 (0.13%) Market Cap: 59.05 Bil Enterprise Value: 109.14 Bil PE Ratio: 5.71 PB Ratio: 0.67 GF Score: 92/100
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Q4 2022 Bayerische Motoren Werke AG Earnings Press Conference Transcript

Mar 15, 2023 / 07:30AM GMT
Release Date Price: €94.69 (-0.95%)
Oliver Zipse
Bayerische Motoren Werke Aktiengesellschaft - Chairman of the Board of Management & CEO

(presentation)

Ladies and gentlemen, the BMW Group is a company that takes the long view that is profitable even in a volatile environment and that always charts its own course. In 2022, we grew in 3 different ways with the complex challenges we faced with e-mobility and with our earnings. On the one hand, our focus is on operational excellence in the here and now. We know we can handle complexity. We can pivot quickly if the situation requires and that makes the company more resilient than ever. And on the other hand, we consistently maintain our course for the future realizing our goals with determination.

A good example of this is our BEV ramp-up since 2013. We steer it to closely track growing demand. And since the start of the BMW i3, we have put more than 0.5 million, all electric BMW and MINI vehicles on the roads worldwide. And in fact, we sold more than 215,000, all electric vehicles just last year. And that is more than double the number from 2021 despite the difficult

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