Bayerische Motoren Werke AG (MIL:1BMW)
€ 100.95 -3.1 (-2.98%) Market Cap: 64.25 Bil Enterprise Value: 114.34 Bil PE Ratio: 5.85 PB Ratio: 0.74 GF Score: 87/100
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Q2 2022 Bayerische Motoren Werke AG Earnings Call Transcript

Aug 03, 2022 / 12:00PM GMT
Release Date Price: €76.66 (-5.10%)
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. 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.

So we start with our CFO, Nicolas.

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

Well, thanks, Max. Good afternoon, ladies and gentlemen. The BMW Group successfully managed the second quarter of 2022 and delivered good results despite difficult business conditions. Overall, the first half of the year was characterized by continuing semiconductor bottlenecks and supply chain disruptions. This meant the BMW Group was not fully able to meet

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