Michel DeCaris
Chief Executive Officer
Replay available
AB InBev (NYSE: BUD) Q2 2025 earnings conference call, held 2025-07-31. Replay captured from the company's public earnings webcast.

Chief Executive Officer
Chief Financial Officer
Analyst, Deutsche Bank
Analyst, Evercore ISI
Analyst, Goldman Sachs
Analyst, UBS
Analyst, Bank of America
Analyst, Jefferies
Analyst, Barclays
Analyst, Rothschild & Company
Welcome to AB InBev's second quarter 2025 earnings conference call and webcast. Hosting the call today from AB InBev are Mr. Michelle DeCaris, Chief Executive Officer, and Mr. Fernando Tenenbaum, Chief Financial Officer. To access the slides accompanying today's call, please visit AB InBev's website at -inbev.com and click on the Investors tab in the Reports and Results Center page. Today's webcast will be available for on-demand playback later today. At this time, all participants have been placed in a listen-only mode and the floor will be open for your questions following the presentation. If you would like to ask a question at that time, please press star 1 on your touchtone phone. If at any point your question has been answered, may remove yourself from the queue by pressing star 2. If you should require operator assistance, please press star 0. Some of the information provided during the conference call may contain statements of future expectations and other forward-looking statements. These expectations are based on management's current views and assumptions and involve known and unknown risks and uncertainties. It is possible that AB InBev's actual results and financial condition may differ possibly materially from the anticipated results and financial condition indicated in these forward-looking statements. For discussion of some of the risks and important factors that could affect AB InBev's future results, see Risk Factors in the company's latest annual report on Form 20-F, filed with the Securities and Exchange Commission on March 12, 2025. AB InBev assumes no obligation to update or revise any forward-looking information provided during the conference call and should now not be liable for any action and reliance upon such information. It is now my pleasu...