10/22/2021

speaker
Operator
Conference Moderator

Excuse me, everyone. We now have all of our speakers in conference. Please be aware that each of your lines is in a listen-only mode. At the conclusion of today's presentation, we will open the floor for questions. At that time, instructions will be given as to the procedure to follow if you would like to ask a question. I would now like to turn the conference over to Pablo Gonzalez, CEO. Mr. Gonzalez, you may begin.

speaker
Pablo Gonzalez
Chief Executive Officer

Thank you. Good morning everyone. Thanks for participating on the call. I hope you and your families are all safe and well. Let me first make a few brief comments about the quarter and then Javier will provide more details. Last quarter proved to be very trying, even more than anticipated. Overall consumption remains subdued and compared poorly to 2020 panic stricken volumes and very significant raw material inflation continues. Top line grew 2% with stable volumes, while price increased 3% and mix was down 1%. Our brands and market shares remain strong, but our categories are either not growing or doing so slowly, given strong comparisons and the state of the Mexican economy, where GDP growth is not necessarily translating into robust private consumption increases. As you may recall from our last call, Thank you. THE END Thank you. Thank you.

speaker
Audio Bridge
System Message

You are now rejoining the main conference.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

-

-