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Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Management on Q4, 2020 Results - Earnings Call Transcript

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Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) Q4 2020 Earnings Conference Call March 1, 2021 10:00 AM ET

Company Participants

Juan Fonseca - Investor Relations Director

Francisco Camacho - Chief Corporate Officer

Eugenio Garza - Director of Finance and Corporate Development

Conference Call Participants

Benjamin Theurer - Barclays

Miguel Tortolero - GBM

Alan Alanis - Santander

Robert Ford - BofA Merrill Lynch

Alvaro Garcia - BTG Pactual

Marcella Recchia - Credit Suisse

Rodrigo Alcantara - UBS

Leandro Fontanesi - Bradesco

Rodrigo Echagaray - Scotiabank

Carlos Laboy - HSBC


Good day and welcome, everyone to FEMSA's Fourth Quarter and Full Year 2020 Financial Results Conference Call. [Operator Instructions] During this conference call, management may discuss certain forward-looking statements concerning FEMSA's future performance 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. Actual results are subject to future events and uncertainties, which can materially impact the company's actual performance.

At this time, I'd like to turn the conference over to Mr. Juan Fonseca. FEMSA's Director of Investor Relations. Please go ahead.

Juan Fonseca

Good morning, everyone, and welcome to FEMSA's fourth quarter 2020 results conference call. Today, we are joined by Francisco Camacho, FEMSA's Chief Corporate Officer; Eugenio Garza, our Finance and Corporate Development Director; and Jorge Collazo, who heads Coke FEMSA's Investor Relations effort.

The plan for today is to have Francisco comment on some higher level trends and more strategic considerations and to have Eugenio walk us through the numbers for the quarter, and we will follow the remarks with Q&A as we always do.

So with that, let me turn it over to Paco Camacho.

Francisco Camacho

Thank you, Juan. Good morning, everyone. Thank you for joining us today. We hope you and your families are in

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