Bayerische Motoren Werke AG (STU:BMW3)
€ 98.55 1.65 (1.7%) Market Cap: 65.44 Bil Enterprise Value: 115.53 Bil PE Ratio: 5.75 PB Ratio: 0.72 GF Score: 92/100
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Q2 2021 Bayerische Motoren Werke AG Earnings Call Transcript

Aug 03, 2021 / 12:00PM GMT
Release Date Price: €70.4 (-3.76%)
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 second quarter results.

With us today are Oliver Zipse, Chairman of the Board of Management; and Nicolas Peter, our CFO.

For today's telephone conference, we slightly changed the procedure. First, Nicolas Peter will take you through our financial results. Oliver Zipse will then give you a general business update for the BMW Group. Afterwards, we will have time for our Q&A session.

Nicolas, please go ahead.

Nicolas Peter
Bayerische Motoren Werke Aktiengesellschaft - CFO & Member of Management Board

Thank you, Max. Ladies and gentlemen, good afternoon. In the second quarter of 2021, as expected, the BMW Group was able to build on its strong performance of the first 3 months. Individual mobility remains in high demand across the globe. The EBIT margin in the Automotive segment for the year to

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