Bayerische Motoren Werke AG ADR (BMWYY) Q4 2019 Earnings Conference Call March 19, 2020 5:00 AM ET
Company Participants
Maximilian Schöberl - EVP, Corporate Communications & Governmental Affairs
Oliver Zipse - Chairman & CEO
Nicolas Peter - CFO
Conference Call Participants
Dorothee Cresswell - Barclays
Tim Rokossa - Deutsche Bank
Horst Schneider - Bank of America
Ashlee Ramanathan - Redburn
Gautam Narayan - RBC
Patrick Hummel - UBS
Stephen Reitman - Societe Generale
Stuart Pearson - Exane BNP Paribas
José Asumendi - JPMorgan
George Galliers - Goldman Sachs
Maximilian Schöberl
Good afternoon, ladies and gentlemen. Welcome to our Analyst and Investor Conference. This year some things are different. First of all due to the coronavirus we are meeting online only. Second, we will not have a printed edition of our annual report. It will be available on our website. And third, our new Chairman, Oliver Zipse is here for the very first time.
I would now like to welcome Oliver Zipse, Chairman of the Board of Management of BMW AG and I would also like to welcome Nicolas Peter, Board Member for Finance.
About today’s agenda, we will start with a short statement by Oliver about the coronavirus, then Nicolas will inform you about our financial performance in 2019 and the outlook for 2020. Afterwards, Oliver will explain how we address current and future challenges. This will be followed by a Q&A. After Oliver and Nicolas have spoken you will be able to ask your questions via telephone as you know from our quarterly calls.
Ladies and gentlemen, before we start please note that this conference is subject to the disclaimer regarding forward-looking statements. You will find this in the investor presentation material referred to in this conference. Please also refer to the report on risks and opportunities which you will find in
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