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

Coca-Cola FEMSA, S.A.B. de C.V. (NYSE: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

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