2024-02-08 17:44:10 ET
Arca Continental, S.A.B. de C.V. (EMBVF)
Q4 2023 Results Conference Call
February 08, 2024 11:00 AM ET
Company Participants
Melanie Carpenter - i-advize Corporate Communications Inc
Arturo Gutiérrez Hernández - Chief Executive Officer
Emilio Marcos Charur - Chief Financial Officer
Jesús García Chapa - Chief Planning Officer
Conference Call Participants
Thiago Bortoluci - Goldman Sachs Group
Fernando Olvera - BofA Securities
Felipe Ucros - Scotiabank Global Banking and Markets
Álvaro García - BTG Pactual S.A
Renata Cabral - Citigroup Inc
Lucas Muse - Morgan Stanley
Carlos Laboy - HSBC
Presentation
Operator
Good day, everyone, and welcome to today’s Arca Continental Conference Call. [Operator Instructions] Please note, this call is recorded, and I will be standing by if you should need any assistance.
It is now my pleasure to turn the conference over to Melanie Carpenter of Ideal Advisors.
Melanie Carpenter
Thank you, Operator. Good morning, everyone. Thank you for joining the Senior Management team of Arca Continental this morning to review the results for the fourth quarter and full-year of 2023. Their earnings release went out this morning, and it is available on the company website at arcacontal.com in the Investor Relations section.
It is now my pleasure to introduce our speakers. Joining us from Montreal is the CEO, Mr. Arturo Gutierrez; the CFO, Mr. Emilio Marcos; and starting this quarter, Jesus Garcia, the newly appointed Executive Director of Planning will be joining the earnings calls in place of Pepe Borda, who is taking on a new role at the company. So welcome, [Chewy] (Ph), which is what we all call him.
They will be making some forward-looking statements, and we just ask that you refer to the disclaimer and the conditions surrounding those statements in the earnings release for guidance. And with that, I’m going to go ahead and turn the call over to the CEO, Mr. Arturo Gutierrez, who is going to begin the presentation. So please go ahead, Arturo.
Arturo Gutiérrez Hernández
Thanks, Melanie. Good morning, and thank you, everyone. We appreciate you joining us today to discuss our fourth quarter and full-year 2023 results, along with insights into our outlook for 2024. I’m pleased to report that we delivered a solid operational performance with volume acceleration, positive top line growth and substantial underlying margin expansion.
The dedication and professionalism of our team propelled us to achieve another year of sound financial results. Volume continued to be a big contributor to this growth, underscoring the fundamental strength and health of our business.
And as many of you are aware, the past year post persistent challenges to our businesses. Nonetheless, amidst the macro conditions, we continue to make steady progress and focused on delivering growth....
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Arca Continental, S.A.B. de C.V. (EMBVF) Q4 2023 Earnings Call Transcript