Budweiser Brewing Co (BDWBF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the 2025 Nine Months Results Announcement Conference Call for Budweiser Brewing Company, APAC Limited. Hosting the call today from Budweiser APAC is Mr. Y.J. Cheung, Chief Executive Officer and Co-Chair of the Board, and Mr. Ignatius Larus, Chief Financial Officer. The results for the nine months ended 30th September 2025 can be found in the press release published earlier today and available on the Hong Kong Stock Exchanges website. and Budweiser APAC's websites. Before proceeding, let me remind you that some of the information provided during this results call, including our answers to your questions on this call, may contain statements and future expectations and other forward-looking statements. These expectations are based on the management's current views and assumptions and involve known and unknown risks, uncertainties, and other factors beyond our control. It is possible that the Budweiser EPAC's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Budweiser EPAC is under no obligation to, and expressly disclaims any such obligation to, update the forward-looking statements as a result of new information, future events, or otherwise. For discussion of some of the risks, and important factors that could affect Budweiser APAC's future results see risk factors in the company's prospectus dated 18th September 2019 and the 2024 annual report published and any other documents that Budweiser APAC has made public. I would also like to remind everyone that the financial figures discussed today are provided in U.S. dollars unless stated otherwise. The percentage changes that will be discussed during today's call are both organic and normali...