AB InBev (BUD) Q4 2025 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:06.139 Welcome to AB InBev's full year 2025 earnings conference call and webcast. 00:00:06.139 -- 00:00:08.722 Hosting the call today from AB InBev are Mr. 00:00:08.722 -- 00:00:11.866 Michelle DeCarris, Chief Executive Officer, and Mr. 00:00:11.866 -- 00:00:15.531 Fernando Tenenbaum, Chief Financial Officer. 00:00:15.531 -- 00:00:21.138 To access the slides accompanying today's call, please visit AB InBev's website at 00:00:21.138 -- 00:00:23.138 www.ab-inbev.com 00:00:25.164 -- 00:00:29.393 and click on the Investors tab and the Reports and Results Center page. 00:00:29.393 -- 00:00:34.559 Today's webcast will be available for on-demand playback later today. 00:00:34.559 -- 00:00:38.424 At this time, all participants have been placed in a listen-only mode, and the floor 00:00:38.424 -- 00:00:42.069 will be open for your questions following the presentation. 00:00:42.069 -- 00:00:46.054 If you would like to ask a question at that time, please press star 1 on your touchstone 00:00:46.054 -- 00:00:48.036 phone. 00:00:48.036 -- 00:00:51.781 If at any point your question has been answered, you may remove yourself from the queue 00:00:51.781 -- 00:00:55.405 by pressing star then 2. 00:00:55.405 -- 00:01:00.189 If you should require operator assistance, please press star 0. 00:01:01.152 -- 00:01:04.778 Some of the information provided during the conference call may contain statements of 00:01:04.778 -- 00:01:08.765 future expectations and other forward-looking statements. 00:01:08.765 -- 00:01:12.792 These expectations are based on management's current views and assumptions and involve 00:01:12.792 -- 00:01:16.198 known and unknown risks and uncertainties. 00:01:16.198 -- 00:01:21.266 It is possible that ABE embeds actual results and financial...