Companhia de Bebidas das Americas
Q1 2022 Earnings Call
May 05, 2022, 11:00 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good morning, and thank you for waiting. We would like to welcome everyone to Ambev's first quarter 2022 results conference call. Today with us, we have Mr. Jean Jereissati, CEO of Ambev; and Mr.
Lucas Lira, CFO and investor relations officer. As a reminder, a slide presentation is available for downloading on our website ri.ambev.com.br, as well as through the webcast link of this call. We would like to inform you that this event is being recorded. [Operator instructions] Before proceeding, let me mention the forward-looking statements are being made under the safe harbor of the Securities Litigation Reform Act of 1996.
Forward-looking statements are based on the beliefs and assumptions of Ambev management and only information currently available to the company. They involve risks, uncertainties and assumptions because they relate to future events. And therefore, depend on circumstances that may or may not occur in the future. Investors should understand the general economic conditions, industry conditions and other operating factors could also affect the future results of Ambev and could cause results to differ materially from those expressed in such forward-looking statements.
I would also like to remind us everyone that, as usual, the percentage change that will be discussed during today's call are both organic and normalized in nature, and unless otherwise stated, percentage change refer to comparisons with first quarter 2022 results. Normalized figures refer to performance measures before exceptional items, which are either income or expenses that do not occur regularly as part of Ambev's normal activities. As normalized figures are non-GAAP measures, the company discloses the consolidated profit, EPS, EBIT and EBITDA on a fully reported basis in the earnings release. Now I'll turn the conference over to Mr.
Jean Jereissati, CEO for Ambev. Mr. Jereissati, you may begin your conference.
Jean Jereissati -- Chief Executive Officer
Good morning, good afternoon, everyone. Thank you for joining our earnings call for the first quarter of 2022. Three weeks ago, during our Investors Day, we focused on our culture, our strategy and our business model has evolved, how we embrace technology in benefit of our customers and consumers, why we see several opportunities to create value going forward in our overall company's transformation. Today, I will, of course, focus more on our Q1 results.