Bayerische Motoren Werke AG (XTER:BMW)
€ 96.02 -0.44 (-0.46%) Market Cap: 61.02 Bil Enterprise Value: 111.11 Bil PE Ratio: 5.72 PB Ratio: 0.67 GF Score: 90/100
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Q3 2021 Bayerische Motoren Werke AG Earnings Press Conference Transcript

Nov 03, 2021 / 09:00AM GMT
Release Date Price: €89.96 (+1.49%)
Maximilian SchÃ;berl
Bayerische Motoren Werke Aktiengesellschaft - EVP of Corporate & Governmental Affairs

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Ladies and gentlemen, colleagues, good morning, and welcome to our conference call quarterly statement for the third quarter 2021. We have here Oliver Zipse, the Chairman of the Board of Management; and Nicolas Peter, Member of the Board of Management, Finance. As always, the gentlemen will give you an overview of business development. And after that, you have an opportunity to ask your questions.

Peter has the floor.

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

Thank you, Max. Good morning, ladies and gentlemen. BMW Group's positive business development in the first 9 months of the year confirms our strategic course. Throughout the semiconductor crisis, our employees have delivered outstanding performance month after month. That is how we were able to raise our expected targets for the year again in September, all segments are on track to meet our guidance for the year.

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