Bayerische Motoren Werke Aktiengesellschaft (BAMXF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for joining us for the Q2 twenty twenty six investor and analyst Q and A session following the speeches this morning. My name is Stefan Richmann and I'm Senior Vice President Group Treasury and Investor Relations. With me are our CEO Milan Idelkovic as well as our CFO, Walter Merkel and we're happy to take your questions. I kindly ask you to stick to the usual number of two questions per person. We will jump straight in once the operator has provided the necessary technical instructions. Ladies and gentlemen, we will now begin our Q and A session. If you have a question, we ask that you please use the raise hand function at the bottom of your Zoom screen. Or if you have dialed in, please press 9 to enter the queue. Once your name has been announced, you can ask a question. If you would like to withdraw your question, please lower your hand using the raise hand function in the Zoom app or via telephone, press 9. Thank you, and please stay tuned for our first question. The first question is from Patrick Hummel at UBS. Please unmute yourself and begin with your question. Yeah, good morning. It's Patrick from UBS. Thank you for taking my question. I would like to start with one more strategic one for Milan, please. You're starting the CEO job with a with a big restructuring task. I guess there are nicer ways to begin, but nonetheless, what needs to be done needs to be done. I'm curious, can you elaborate a little bit on the other key priorities, key issues you've identified in the last couple of months since you took over and maybe the ones that matter the most in terms of the earnings impact, the strategic action you're planning to take? And if I may, more specifically also on China, we hear a lot from OEMs how to fix China with new product. That's kind of the...