Bayerische Motoren Werke AG (XTER:BMW)
€ 96.46 -6.44 (-6.26%) Market Cap: 61.33 Bil Enterprise Value: 111.42 Bil PE Ratio: 5.75 PB Ratio: 0.67 GF Score: 92/100
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Bayerische Motoren Werke AG Group China Day Transcript

Oct 11, 2022 / 08:00AM GMT
Release Date Price: €72.38 (+0.49%)
Veronika Rosler
Bayerische Motoren Werke Aktiengesellschaft - Head of IR

Dear ladies and gentlemen, welcome to the BMW Group China Day. My name is Veronika Rösler, and I am Head of Investor Relations at BMW. The last time we did this, to give you an in-depth insight into our Chinese operations directly from China, was back in 2019. And since then, the world has changed quite unexpectedly and also dramatically.

But there's one thing that has not changed for us, and that is our strong and clear commitment to the Chinese region. One proof point for that was the increase in our shareholding in our joint venture with Brilliance, which was completed at the beginning of the year, followed by the full consolidation of the company, but also by the localization of some further exciting and promising products.

But now let's take a look at today's comprehensive agenda. Ritu Chandy, Senior Vice President, Finance and Group Treasurer, will take it off with a group strategy update and information on the financial performance. I am very glad that she will be joined by the complete management team of

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