2024-05-08 08:18:03 ET
Bayerische Motoren Werke Aktiengesellschaft (BMWYY)
Q1 2024 Earnings Conference Call
May 08, 2024 04:15 AM ET
Company Participants
Oliver Zipse - Chairman & Chief Executive Officer
Walter Mertl - Chief Financial Officer
Nicolas Peter - Chief Financial Officer
Conference Call Participants
Tim Rokossa - Deutsche Bank
José Asumendi - JPMorgan
George Galliers - Goldman Sachs
Patrick Hummel - UBS
Daniel Schwarz - Stifel
Horst Schneider - Bank of America
Henning Cosman - Barclays Capital
Presentation
Unidentified Company Representative
Our CEO, Oliver Zipse; and our CFO, Walter Mertl, are also back in the room with me. The line will be open shortly for your questions. The operator will first give you some technical instructions. Please go ahead.
Question-and-Answer Session
Operator
Ladies and gentlemen, we will now begin our Q&A session. [Operator Instructions] Our first question comes from Tim Rokossa at Deutsche Bank. Please unmute your line.
Tim Rokossa
Yeah. Thank you very much. It's Tim from Deutsche Bank. I'd have two questions, please. The first one is, I think the key element to discuss today is the pricing element of your EBIT bridge. All of your competitors have already reported. We've seen reporting season with very peer clear trends. Volume was generally weak. Pricing was generally very strong for your competitors. For you, that's not the case. Less volume issues clearly speak for your superior supply chain and model cycle management. We love that about you guys. That's great, but the pricing raises a few question marks. So two questions on that....
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Bayerische Motoren Werke Aktiengesellschaft (BMWYY) Q1 2024 Earnings Call Transcript