Ambev S.A. (ABEV) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.898 Good afternoon and thank you for waiting. We would like to welcome everyone to Ambev's 00:00:04.898 -- 00:00:09.385 2025 First Quarter Results Conference Call. 00:00:09.385 -- 00:00:14.313 Today with us we have Mr. Carlos Lisboa, Ambev's CEO, and Mr. 00:00:14.313 -- 00:00:19.420 Guilherme Fleury, CFO and Investor Relations Officer. 00:00:19.420 -- 00:00:25.354 As a reminder, this conference presentation is available for download on our website, 00:00:25.354 -- 00:00:27.354 ir.umbev.com.br, 00:00:28.622 -- 00:00:31.418 as well as through the webcast link. 00:00:31.418 -- 00:00:36.248 We would like to inform that this event is being recorded and all participants will be 00:00:36.248 -- 00:00:40.456 in a listen-only mode during the company's presentation. 00:00:40.456 -- 00:00:45.526 After Ambev's remarks are completed, there will be a Q&A section, during which 00:00:45.526 -- 00:00:50.697 we kindly ask that each participating sell-side analyst asks only 00:00:50.697 -- 00:00:55.842 one question. Before proceeding, let me mention that forward-looking 00:00:55.842 -- 00:01:01.073 statements are being made under the safe harbor of the Securities Litigation Reform 00:01:01.073 -- 00:01:03.534 Act of 1996. 00:01:03.759 -- 00:01:09.412 Forward-looking statements are based on the beliefs and assumptions of Ambev's management 00:01:09.412 -- 00:01:12.779 and on information currently available to the company. 00:01:12.779 -- 00:01:17.786 They involve risks, uncertainties, and assumptions because they relate to future 00:01:17.786 -- 00:01:22.832 events and therefore depend on circumstances that may or may not occur in 00:01:22.832 -- 00:01:25.075 the future. Investors 00:01:25.075 -- 00:01:30.182 should understand that general economic condit...