Michel de Caris
Chief Executive Officer
Replay available
AB InBev (NYSE: BUD) Q3 2025 earnings conference call, held 2025-10-30. Replay captured from the company's public earnings webcast.

Chief Executive Officer
Chief Financial Officer
Analyst, Jefferies
Analyst, Deutsche Bank
Analyst, Barclays
Analyst, Evercore ISI
Analyst, Bank of America
Analyst, JP Morgan
Watch the replay and follow the connected company analysis, news, and investor updates for Anheuser-busch Inbev Sa/nv.
WEBVTT 00:00:00.166 -- 00:00:06.191 Welcome to AB InBev's third quarter 2025 earnings conference call and webcast. 00:00:06.191 -- 00:00:08.574 Hosting the call today from AB InBev are Mr. 00:00:08.574 -- 00:00:12.497 Michelle DeCarris, Chief Executive Officer, and Mr. 00:00:12.497 -- 00:00:16.321 Fernando Tenenbaum, Chief Financial Officer. 00:00:16.321 -- 00:00:22.166 To access the slides accompanying today's call, please visit AB InBev's website at 00:00:22.166 -- 00:00:24.166 www.ab-inbev.com 00:00:26.490 -- 00:00:31.216 and click on the Investors tab in the Reports and Results Center page. 00:00:31.216 -- 00:00:36.404 Today's webcast will be available for on-demand playback later today. 00:00:36.404 -- 00:00:40.089 At this time, all participants have been placed in a listen-only mode, and the floor 00:00:40.089 -- 00:00:43.954 will be open for your questions following the presentation. 00:00:43.954 -- 00:00:48.161 If you would like to ask a question at that time, please press star 1 on your touchtone 00:00:48.161 -- 00:00:49.923 phone. 00:00:49.923 -- 00:00:54.149 If at any point your question has been answered, you may remove yourself from the queue 00:00:54.149 -- 00:00:57.234 by pressing star 2. If 00:00:57.234 -- 00:01:02.579 you should require operator assistance, please press star 0. 00:01:02.958 -- 00:01:06.782 Some of the information provided during the conference call may contain statements of 00:01:06.782 -- 00:01:10.627 future expectations and other forward-looking statements. 00:01:10.627 -- 00:01:15.052 These expectations are based on management's current views and assumptions and involve 00:01:15.052 -- 00:01:18.516 known and unknown risks and uncertainties. 00:01:18.516 -- 00:01:23.862 It is possible that AAB embeds actual results and financial co...