Bayerische Motoren Werke AG (OTCPK:BMWKY)
$ 25.71 0.57 (2.27%) Market Cap: 48.13 Bil Enterprise Value: 104.46 Bil PE Ratio: 5.48 PB Ratio: 0.50 GF Score: 80/100

Q4 2018 Bayerische Motoren Werke AG Earnings Call Transcript

Mar 21, 2019 / 09:00AM GMT
Release Date Price: $27.05 (-1.71%)
Maximilian SchÃ;berl
Bayerische Motoren Werke Aktiengesellschaft - EVP of Corporate & Governmental Affairs

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So ladies and gentleman, good morning. Take your seats, please. I think we are on time. I think we wait some 1 or 2 minutes. Good morning, Arndt. Thank you for coming. It's a pleasure for us. So I think we start off. Good morning, everyone. Welcome to our analyst and investor conference. We are delighted that you could join us today, and we hope you all had a pleasant evening yesterday.

Today, we will focus on 2018 as well as on our progress with Strategy NUMBER ONE > NEXT. Today's speeches will be a bit shorter than yesterday at the annual press conference. Therefore, we will have more time afterwards for the Q&A. As always, you can get a hard copy of the annual report, our yearbook and the sustainability factbook at the entrance. Please also take a look at our online version of the annual report.

Ladies and gentlemen, I would like to welcome Harald Krüger, Chairman of the Board of Management on my left side. And I would like also to welcome Nicolas

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