Anadolu Efes Birack Ord (AEBMF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Our CEO, mister Anadolu Birack, and our CFO, miss Yasamancari Reznas. The first part of today's call will begin listen only mode. Afterwards, we will open the floor for a q and a session. Unless explicitly stated otherwise, all information, financial information disclosed in this presentation are presented in accordance with TAS twenty nine. 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 looking statements. Now I'm leaving the ground to Mr. Roman Altsuk, Anadolu Efesir. Sir? Also, thank you. Good morning, and good afternoon, everyone, and welcome to Efes first half twenty six results conference call. As we anticipated at the beginning of the year, the operating environment inside the volatile throughout the second quarter, particularly in the domestic markets. Political developments in The Middle East, higher oil prices, and persistent inflationary pressures continued to pressurize consumer sentiments across many of our markets. Despite the challenges, we once again show the strength of our diversified business models. Our wide geographic footprint together with the solid contribution from both our beer and soft drinks businesses enabled us to deliver another resilience and consolidated performance in second quarter. On a consolidated basis, volumes increased by more than 7%, mainly supported by the healthy momentum across our soft drink business. Revenue growth of 2.8% reflected not only volume growth, but also our continued pricing discipline. Yet revenue productivity was challenged by affordability issues. We also continued to benefit from improving gross profitability in soft drink business while maintaining a ...