Alpek Sab De Cv Ord (ALPKF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Barbara Amaya Soto, Good morning, everyone. Welcome to Altec's first quarter 2025 earnings webcast. I am Barbara Amaya, Altec's IRO, and I am pleased to be here today with Jorge Young, our CEO, and Jose Carlos Pons, our CFO, who will be presenting today's material. Today, Jorge will provide an overview of quarterly results and how our long-term vision fits into the current environment. And we'll move on to the other relevant events, which include more information regarding Alpex spin-off from Alpha. Jose Carlos will then cover the quarterly financial results in greater detail. And then Jorge will provide information regarding our outlook for the remainder of the year. Finally, we'll continue with the Q&A session. Please note that the information discussed today may include forward-looking statements regarding the company's future financial performance and prospects, which are subject to certain risks and uncertainties. Actual results may differ materially, and the company cautions the market not to rely unduly on these forward-looking statements. ALPEC undertakes no obligation to publicly update or revise any forward-looking statements, whether it is as a result of new information, future events, or other ones. We express our financial results in US dollars unless otherwise specified. For your convenience, this webcast is being recorded and will be available on our website. Jorge, I'll turn the call over to you. Thank you, Bárbara. Good morning, everyone. Thank you for joining us today. During the first quarter of the year, and to some extent anticipated, ALPEC navigated a challenging market environment driven mainly by ongoing global overcapacity and decreasing freight costs. These factors are pressuring regional margins, particularly for the polyester segment. Exte...