Stephen Reitman
Analyst, Bernstein
Replay available
Bayerische Motoren Werke Aktiengesellschaft (BAMXF) Q4 2025 Earnings Call
Bayerische Motoren Werke Aktiengesellschaft (OTC: BAMXF) Q4 2025 earnings conference call, held 2026-03-12. Replay captured from the company's public earnings webcast.
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Stefan Richmann
Head of Treasury and Investor Relations
Henning Kossmann
Analyst, Barclays
Jochen Goller
Member of the Board of Management for Customers, Brands and Sales
Patrick Hummel
Analyst, UBS
Nicolai Martin
Member of the Board of Management for Purchasing and Supplier Network
Mike Tindall
Analyst, HSBC
Oliver Zipse
Chairman of the Board of Management (CEO)
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Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:02.774 Good morning, ladies and gentlemen. 00:00:02.774 -- 00:00:08.160 2025 was, in many ways, a remarkable year for the BMW 00:00:08.160 -- 00:00:14.185 Group and, above all, one that set our course for the future. 00:00:14.808 -- 00:00:19.953 First, we achieved a solid financial result with Group earnings of 00:00:19.953 -- 00:00:22.814 more than €10 billion. 00:00:22.997 -- 00:00:28.111 Walter Mertl will provide more detail in just a moment. 00:00:28.111 -- 00:00:32.116 Second, we grew in 2025, 00:00:32.116 -- 00:00:37.543 selling more vehicles than the previous year and expanding our leadership of the global 00:00:37.543 -- 00:00:39.686 premium segment. 00:00:39.686 -- 00:00:44.853 And third, our technology open strategy continued to 00:00:44.853 -- 00:00:47.276 demonstrate its strength. 00:00:47.276 -- 00:00:52.723 Demand for cars with combustion engines remained stable, while sales 00:00:52.723 -- 00:00:58.165 of our all-electric and electrified vehicles continued to grow. 00:00:58.165 -- 00:01:03.732 And fourth, once again, through our own efforts, we significantly 00:01:03.732 -- 00:01:09.918 outperformed the EU's CO2 fleet targets for 2025. 00:01:10.501 -- 00:01:13.385 And finally, we 00:01:13.385 -- 00:01:18.411 successfully began the rollout of our Neue Klasse with the BMW 00:01:18.411 -- 00:01:24.019 iX3, giving the BMW brand and the entire company crucial momentum 00:01:24.019 -- 00:01:25.992 for the future. 00:01:25.992 -- 00:01:31.279 And all of this shows we deliver consistently and 00:01:31.279 -- 00:01:33.279 continuously. 00:01:33.402 -- 00:01:38.209 We have set the right course in recent years and do not need to change our strategic 00:01:38.209 -- 00:01:39.731 direction. 00:01:39.731 -- 00:01:45.836 In this way, we c...