Euronext Nv Unsp/Adr (ERNXY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, everyone, and welcome to CCU's third quarter 2025 earnings conference call on the 6th of November, 2025. Please note that today's call is being recorded. At this time, I'd like to turn the conference call over to Claudio Las Heras, the head of investor relations. Please go ahead, sir. Welcome, and thank you for attending CCU's Third Quarter 2025 Conference Call. Today with me are Mr. Felipe Duvernet, Chief Financial Officer, Mr. Joaquín Trejo, Financial Planning and Investor Relations Manager, and Carolina Burgos, Senior Investor Relations. You have received a copy of the company's consolidated Third Quarter 2025 earnings release. The call will start by reviewing our overall results and then we will move into a Q&A session. As a recorder, before we begin, please take note of the following statements. The statements made in this conference call that relate to CCU's future financial results are forward-looking statements, which course involve known and unknown risks and uncertainties that could cause actual performance or results to materially differ. These statements should be taken in conjunction with the additional information about risk and uncertainties set forth in CCU's Annual Report, in Form 20-F filed with the U.S. Securities and Exchange Commission, and in the annual report submitted to the CMF and available on our website. It is now my pleasure to introduce our CFO, Mr. Felipe Duerme. Thank you, Claudio, and thank you all for joining the call today. In the third quarter of 2025, CCU posted carrier operating results and increased profitability versus last year in a volatile and an uncertain business scenario. Consumidated EBITDA grew 4.6% versus last year, mainly driven by our main operating segment, Chile, which in the context of soft industries ex...