Magazine Luiza U/Adr (MGLUY) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Thank you for waiting. Welcome to Magaluz conference call to discuss first quarter 25. For those of you who need simultaneous interpreting, you just click on the interpretation button Using the globe icon at the bottom of your screen, you can choose the language of your preference, Portuguese or English. We inform that this event is being recorded and will be made available in the company's IR website at ir.magazinaluiza.com, where you can find the earnings released in both Portuguese and English. The link to the presentation in English is available in the website. During the presentation, all participants will be in listen-only mode. Then, we will begin the Q&A session. To ask questions, you can click on the Q&A icon at the bottom of your screen. Write your name, company, and the language in which you will speak. When announced, the prompt to enable your microphone will appear on the screen and you should unmute your microphone. Questions received in writing will be answered later by our Investor Relations team. Now I'd like to turn the floor to Fredy Trajano, CEO of Magalu. Fredy? Good morning, everyone. Again, thank you very much for participating in our earnings conference call, referring to first quarter 2025. I am here again with the whole top management of the company. We have new members, new officers, and I'll be speaking about this during the presentation. And I would like to start. highlighting what we have been talking about for a while now, that the year of 2025 is the last year in the cycle of building the digital ecosystem of Magalu. And the main strategic objective was to make our results more resilient and SILIC rate-proof. I think that this quarter is very symbolic in a way, from the standpoint of clearly showing the evolutio...