Anadolu Efes Birack Ord (AEBMF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and good afternoon, ladies and gentlemen. Welcome to Anadolu FSC's last quarter 2025 financial results conference call and webcast. I'm Asli Demirel. I'm the Investor Relations and Risk Management Director of Anadolu FSC. Our presenters today are CEO Mr. Onur Alçuk and our CFO Ms. Sinan Saman Çayı Rezmes. 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. Unless explicitly stated otherwise, all financial information disclosed in this presentation are presented in accordance with PAS 29. 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. Onur Alçuk, Anadolu FSS CEO. Sir. Thank you, Aslı. Good morning and good afternoon, everyone, and welcome to Anadolu FSS' full year 2025 operational and financial results conference call. Before we begin, I am delighted to welcome our new CFO, Yasemin Çelezmez, who is with us today for her first results call in her new role. 2025 was a year in which we delivered a mixed set of results in a complex and evolving operating environment, but we continued our disciplined execution across our markets. On a pro forma basis, we delivered consolidated volume growth of 7% in full year 2025 and 5% in the last quarter of the year. The year group recorded a flat volume performance on a pro forma basis in full year 2025, as a softer domestic performance was offset by international operations. Supported by solid volume performance and timely pricing actions as well as tight discount control, we...