Alsea S.A.B. de C.V (ALSSF) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.574 Good morning, everyone, and welcome to Alsea's second quarter 2025 earnings video conference. 00:00:05.574 -- 00:00:10.317 My name is Gerardo Lozoya, head of investor relations and corporate affairs. 00:00:10.317 -- 00:00:15.240 Today, you will hear from our newly appointed chief executive officer, Cristian Gurria, 00:00:15.240 -- 00:00:18.622 and Federico Rodriguez, our chief financial officer. 00:00:18.622 -- 00:00:24.144 I'd like to take a moment to warmly welcome Cristian to his first earnings call as CEO. 00:00:24.144 -- 00:00:29.186 With over two decades of experience at Alsea, he brings deep operational knowledge and 00:00:29.186 -- 00:00:33.288 strategic insight into this new leadership role. 00:00:33.288 -- 00:00:37.570 Before we continue, a friendly reminder that some of our comments today will contain 00:00:37.570 -- 00:00:39.872 forward-looking statements 00:00:39.872 -- 00:00:44.714 based on our current view of our business and that future results may differ materially 00:00:44.714 -- 00:00:46.895 from these statements. 00:00:46.895 -- 00:00:52.329 Today's call should be considered in conjunction with disclaimers in our earnings, released 00:00:52.329 -- 00:00:56.051 in our most recent Bolsa Mexicana de Valores report. 00:00:56.051 -- 00:01:02.136 The company is not obliged to update or revise any such forward-looking statements. 00:01:02.136 -- 00:01:07.200 Please note that unless specified otherwise, the earnings numbers referred 00:01:07.200 -- 00:01:11.484 to are based on pre-IFRS 16 standards. 00:01:11.484 -- 00:01:16.446 I will now hand it over to Christian for his initial remarks. 00:01:16.568 -- 00:01:20.301 Thank you, Gerardo, and thank you all for joining us today. 00:01:20.301 -- 00:01:24.524 This is my firs...