COCSF - Coca-Cola FEMSA, S.A.B. de C.V. (KOF) Q1 2025 Earnings Call Transcript

2025-04-25 15:12:09 ET

Coca-Cola FEMSA, S.A.B. de C.V. (KOF)

Q1 2025 Results Conference Call

April 25, 2025 11:00 AM ET

Company Participants

Jorge Collazo - Director of Investor Relations

Ian Craig - CEO

Gerardo Cruz - CFO

Conference Call Participants

Rodrigo Alcantara - UBS

Felipe Ucros - Scotiabank

Henrique Morello - Morgan Stanley

Alejandro Fuchs - Itau

Lucas Ferreira - JPMorgan

Renata Cabral - Citibank

Antonio Hernandez - Actinver

Álvaro García - BTG

Ulises Argote - Santander

Presentation

Operator

Hello, and welcome to the Coca-Cola FEMSA First Quarter 2025 Conference Call. My name is George. I'll be your Coordinator for today's event. Please note that this conference is being recorded, and for the duration of the call, your lines will be in listen-only mode. [Operator Instructions]

I now hand you over to your host today, Mr. Jorge Collazo, to begin this conference. Please go ahead, sir.

Jorge Collazo

Thank you, George. Good morning to you all and welcome to this webcast and conference call to review our first quarter 2025 results. Joining me this morning are Ian Craig, our Chief Executive Officer; Gerardo Cruz, our Chief Financial Officer and the rest of the Investor Relations team.

As usual, after prepared remarks, we will open the call for Q&A. Before we proceed, please allow me to remind all participants that this conference call may include forward-looking statements and should be considered as good faith estimates made by the company.

These forward-looking statements reflect management's expectations and are based upon currently available data. The actual results are subject to future events and uncertainties that can materially impact the company's performance. For more details, please refer to the disclaimer in the earnings release that was published earlier today.

And with that, let me turn the call over to our CEO. Please go ahead, Ian.

Ian Craig

Thank you, Jorge. Good morning, everyone.

Thank you for joining us today. Let me begin by saying that despite increased uncertainty and a soft macroeconomic backdrop in key markets, I am very pleased with the capacity of our company to adapt to external headwinds and delivery results. Our teams implemented several initiatives, both commercial, financial, and supply chain, to rapidly adjust to the environment, ensuring we maintain on course towards our key objectives for the year....

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