Q4 2022 Bayerische Motoren Werke AG Earnings Call Transcript

Mar 15, 2023 / 10:15AM GMT
Maximilian SchÃberl - Bayerische Motoren Werke Aktiengesellschaft - Head of Corporate & Governmental Affairs

So ladies and gentlemen, welcome back. Ritu, you joined us last year for the first time at the annual conference. That was just before you officially took over as Senior Vice President for Group Treasury. What have been the highlights of your first year in this role?

Ritu Chandy - BMW Financial Services NA, LLC - VP of Finance & CFO

Thank you, Max. It's been an extraordinary year. We delivered strong results within our guidance in a challenging environment, and there were a number of other unique events in 2022. We have the full consolidation of BBA. We started our share buyback program, completed about 82% of the first program that was launched. And we saw the launch of the i7, the all-electric Rolls-Royce Spectre, a number of you on this call actually joined us for those events, which are both unique in their segments. Very, very important for our electrification narrative. And finally, we accomplished all this while generating

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