Alsea, S.A.B. de C.V. (ALSSF) Q1 2025 Earnings Call Transcript

2025-05-05 09:50:57 ET

Alsea, S.A.B. de C.V. (ALSSF)

Q1 2025 Earnings Conference Call

April 30, 2025 10:30 AM ET

Company Participants

Gerardo Lozoya - Head, Investor Relations & Corporate Affairs

Armando Torrado - Chief Executive Officer

Federico Rodríguez - Chief Financial Officer

Christian Gurria - Upcoming Chief Executive Officer

Conference Call Participants

Alejandro Fuchs - Itaú BBA

Tiago Harduim - Citi

Bob Ford - Bank of America

Alvaro Garcia - BTG Pactual

Thiago Bortoluci - Goldman Sachs

Presentation

Gerardo Lozoya

Good morning, everyone, and welcome to Alsea's First Quarter 2025 Earnings Video Conference. My name is Gerardo Lozoya, Head of Investor Relations and Corporate Affairs. And today, our Chief Executive Officer, Armando Torrado; our Chief Financial Officer Federico Rodríguez; and our upcoming Chief Executive Officer, Christian Gurria will be presenting the results.

Before we continue, a friendly reminder that some of our comments today will contain forward-looking statements, based on our current view of our business and that future results may differ materially from these statements.

Today's call should be considered in conjunction, with disclaimers in our earnings release and our most recent Bolsa Mexicana de Valores report. The company is not obligated to update or revise any such forward-looking statements. Please note that, unless specified otherwise the earnings numbers referred to are based on pre-IFRS 16 standards.

[Audio Gap]...for his initial remarks. Please go ahead, Armando.

Armando Torrado

Thank you. Thank you, Gerardo, and good morning, everyone. Welcome to Alsea's First Quarter 2025 Earnings Video Conference. I would like to begin by thanking our team stakeholders for their continued commitments, as we set our priorities for the year ahead.

Before going into our quarterly information, I want to give a warm welcome to Christian Gurria that is here with us. And this will be my last CEO call, as a CEO of Alsea. Christian will be present and he will present his strategy priorities as the new CEO in the next earnings call in July....

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