Becle, S.A.B. de C.V.

Good morning, and thank you for joining Beckley's third quarter unaudited financial results call. During this call, you may hear certain forward-looking statements. These statements may relate to our future prospects, developments, and business strategies, and may be identified by our use of terms and phrases such as anticipate, believe, could, estimate, expect, intend, may, plan, predict, project, will, goals, target, strategy, and similar terms and phrases, and may include references to assumptions. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy, and our future conditions. Because forward-looking statements relate to the future by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those in forward-looking statements. For all the foregoing reasons, you are cautioned against relying on such forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Now I'll welcome Mariana Rojo, Corporate Treasurer and Investor Relations Director.

Good morning, everyone. I'm Mariana Rojo, Corporate Treasurer and Investor Relations Director. Thank you for joining us to discuss the unaudited financial results for the quarter ended September 30, 2020 of Beckman, commercially known as Jose Cuero. I am joined today by Mr. Juan Domingo Beckman, Chief Executive Officer, Michael Kidd, President and CEO of Proxima Spirits, Steve Shanley, Senior VP of Commercial Strategy for Proximo, Liz Felix, Managing Director of Mexico and LATAM, Gordon Drone, Managing Director of EMEA and APAC regions, and Fernando Suarez, CFO. Before we begin, I would like to remind you that the CEUs discussed on this call were prepared in accordance with International Financial Reporting Standards, or IFRS, and published in the Mexican Stock Exchange. The information for the third quarter of 2020 is preliminary and is provided with the understanding that once financial statements are available, updated information will be shared in the appropriate electronic form. At this time, I would like to remind participants that your lines will be in listening mode only until the Q&A session. Now, I will pass the call on to Mr. Juan Domingo Vega.

Good morning, and thank you for joining us today to discuss Beckles' third quarter results. All of us at Beckles sincerely hope that each and every one of you continue to remain safe and healthy, and we hope you are all successfully adapting to today's challenging times. I will begin with the opening comments, and then I will ask my keys to discuss performance of our U.S. and Canada business units. Luis Felix will review our Mexican and Latin results. Gordon John will discuss our performance in the EMEA and APAC regions. And Fernando Suarez will then walk you through our financial results. The global environment continues with ongoing challenges as a result of COVID-19. But I am very pleased with our organization's response and agile adaptation to the current operating and business environments. Our team has worked diligently to execute our plan and adapt to the continually changing market. During the third quarter, DECLE continued to effectively navigate the challenges related to the market dynamics. In the U.S., our positioning in growing categories and over-indexing to the off-premise channel has helped us absorb the effects from the pandemic and illustrates the strength of our brands. Across our regions, we are delivering to consumers the highest quality spirits and providing off-premise solutions that are well adapted to the current global situation. We reported a very solid third quarter performance, driven by continued strong results in the U.S. and Canada, which delivered robust volumes and sales growth. Our favorable positioning and leadership in the rapidly growing tequila ready-to-drink categories has placed the company well in the current environment. We are seeing significant growth coming from these categories. Additionally, while the ongoing difficulties with on-premise sales remain, we are seeing improving trends in Mexico and the rest of the world. On-premise sales will remain challenged. We are well positioned and have adapted quickly and successfully given the current environment. We have also focused on managing costs and expenses, contributing to margin expansion. We generated significant growth in EBITDA and consolidated net income during the third quarter, reflecting both strong sales performance and a firm cost control. We generated gross margin improvement during the third quarter, reflecting the strong volume growth in the U.S. and Canada. Our performance will continue to reflect the current operating environment, which will be difficult to forecast as the pandemic has affected many regions of our global footprint. However, we have faith in our plans and ability to respond to the rapidly changing conditions. We have built a powerful portfolio of brands focused on high-growth spirits categories and paired to our global distribution network. We remain highly confident in our ability to maintain long-term growth and continue to drive shareholder value. Before moving on to our U.S. and Canada results, let me just comment that on behalf of Techless Board of Directors, I would like to thank Mike Cheek for his many years of service as a member of the Board who has decided to retire. Mike, we wish you all the best in your retirement and new endeavors. Now I'll turn the call over to Mike Keyes to take you through the U.S. and Canada results. Good morning, everyone.