Christian Gurria
Chief Executive Officer
Replay available
Alsea S.A.B. de C.V (OTC: ALSSF) Q4 2025 earnings conference call, held 2026-02-26. Replay captured from the company's public earnings webcast.

Chief Executive Officer
Chief Financial Officer
Analyst, Goldman Sachs
Analyst, Citi
Analyst, Bank of America
Analyst, Santander
Analyst, J.P. Morgan
Good morning, everyone, and thank you for joining us for quarter and full year 2025 Earnings Video Conference. Today, you will hear from Christian Gurria, our chief financial officer, and Federico Rodriguez, our chief financial officer. Christian will walk us through our operating performance and strategic progress, while Federico will provide a detailed review of our financial results and capital allocation. Before we begin, I would like to remind you that some of our comments today contain forward-looking statements, based on our current expectations. Actual results may differ materially. Today's discussion should be considered alongside the disclaimers included in our earnings release and our most recent filings with the Bolsa Mexicana de Valores. The company undertakes no obligation to update these statements. Unless otherwise specified, all figures discussed today are presented on a pre-IFRS 16 basis. With that, I will now turn the call over to Cristian for his opening remarks. Gracias, Gerardo. And thank you, everyone, and good morning, and thank you very much for joining us today. I will begin with an overview of our performance for the fourth quarter and full year 2025, highlighting key operating trends across regions and brands. as well as our progress in digital transformation expansion and ESG initiatives. Federico will then walk you through the financial results in more detail. Before going into the quarterly figures, I would like to briefly step back and reflect on how our strategic priorities throughout 2025 are shaping our business today. Despite a challenging start of the year, we responded with targeted operational and portfolio initiatives that led to a gradual improvement in performance as the year progressed. Throughout 2025, we focused on strengt...