Bayerische Motoren Werke AG (XTER:BMW3)
€ 71.15 -0.5 (-0.7%) Market Cap: 47.98 Bil Enterprise Value: 98.07 Bil PE Ratio: 4.59 PB Ratio: 0.53 GF Score: 73/100

Q1 2021 Bayerische Motoren Werke AG Earnings Call Transcript

May 07, 2021 / 12:00PM GMT
Release Date Price: €69.25 (+0.80%)
Maximilian SchÃ;berl
Bayerische Motoren Werke Aktiengesellschaft - EVP of Corporate & Governmental Affairs

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Good afternoon, ladies and gentlemen. I would like to welcome you all to our telephone conference for the first quarter results. With us today are Oliver Zipse, Chairman of the Board of Management; and Nicolas Peter, our CFO. First, Oliver Zipse will give you an update on the business performance during the quarter, Nicolas Peter will then take you through our financial results. Afterwards, we will have time for our Q&A session. Now Oliver, please go ahead.

Harald Christiaan Hendrikse
Morgan Stanley, Research Division - MD

Good afternoon, also from my side, ladies and gentlemen. The BMW Group is a global company. We leveraged this strategic strength, both during the financial year 2020, and of course, in the first quarter of 2021. When the market situation is difficult in individual regions of the world, the other markets carry us through. Since the start of the pandemic, we have done everything possible to create a safe working

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