Anadolu Efes Birack Ord (AEBMF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to Anadolu Efes First Quarter twenty twenty six Financial Results Conference Call and Webcast. I'm Aspu Efes Birack, and together with our presenters today, our CEO, Mr. Umer Altsuk and our CFO, Ms. Nyarthamante Efes Birack. The first part of today's call will be in listen only mode. Afterwards, we will open the floor for a Q and A session. You may submit your questions at any time using the question box on your screen. However, we kindly encourage you to do so before the Q and A begins to ensure you have enough time to review and address it. Unless explicitly stated otherwise, all financial information disclosed in this presentation are presented in accordance PAS 29. Just to remind you, this is being recorded, and the link will be available online. Before we start, I would kindly request you to refer to our notes in our presentation regarding forward looking statements. Now I'm leaving the branch to Anadolu Efes Anadolu Efes Birack Thank you, and good afternoon, everyone, and welcome to Anadolu Efes' first quarter twenty twenty six operational and financial results conference call. We started the year in a challenging operating environment, which was further heightened by geopolitical tensions in The Middle East, elevated petroleum prices and ongoing inflationary pressures. Against this backdrop, our first quarter performance reflected a mixed set of results across all our operations. Despite the challenges, we delivered a solid 5% volume growth, reaching 26,000,000 hectoliters on an unbalanced consolidated basis. This performance was mainly driven by our soft drink and international beer operations. Again, on a consolidated basis, we delivered a solid top line performance with the increase of 8%, which is higher than the volume growth...