Q4 2024 Bayerische Motoren Werke AG Earnings Call Transcript

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Mar 14, 2025

Mar 14, 2025 / 07:00AM GMT
Oliver Zipse - Bayerische Motoren Werke AG - Chairman of the Management Board

Good morning, ladies and gentlemen. Welcome to our annual conference. 2025 will be a milestone year for the BMW Group in many respects as we set the course today for our success in the decades to come. Despite volatile global conditions, we remain firmly committed to growth in the current financial year, and at the same time, we are bringing our largest future-focused project, the Neue Klasse, to the roads.

We have a clear plan. We remain sharply focused on innovation and sustainable growth. In 2025, we expect sales figures to rise once again. And at the same time, capital expenditure will decrease as planned. This will enable us to increase our free cash flow.

And there are four reasons for our confidence. First, our strategy is robust and gives us a clear path forward. We are setting the pace in key areas. Our technology open approach remains successful and is gaining ever more traction. Policymakers and competitors are pivoting in our direction, which we continue to pursue systematically.

Second,

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