Anadolu Efes Birack Ord (AEBMF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to Anadolu FS's second quarter 2025 Financial Results Conference call and webcast. I'm Aslı Demirel. I'm the Investor Relations and Risk Management Director of Anadolu FS. Our presenters today are CEO Mr. Onur Alçuk and our CFO Mr. Gökçe Yanaşmayan. The first part of today's call will be in listen-only mode. Afterwards, we will open the floor for a Q&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&A session begins to ensure you have adequate time to review and address them. Unless explicitly stated otherwise, all financial information disclosed in this presentation are presented in accordance with inflation accounting. Just to remind you, this conference call 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 sequence statements. Now I'm leaving the ground to Mr. Onur Alturk, Anadolu Efes' CEO. Thank you. Good morning and good afternoon everyone and welcome to Anadolu Efes' 2025 First Self-Operational and Financial Results Conference call. So in the second quarter, AllFS leveraged its diversified footprint, brand strength and agile operating model to deliver solid volumes in both beer group and total soft drink operations. We continued the growth trajectory from the first quarter, yet at a slower pace in the second quarter at the consolidated level, while beer group increased volumes by 5.3%, indicating improved momentum compared to the first quarter of the year. Strong volumes supported top-line growth, but the effect was pressurized due to our deliberate focus on affordability, especially in our soft drinks operation. Software top...