Q4 2021 Compania Cervecerias Unidas SA Earnings Call

Please standby.

Good day and welcome to the C. C used for Q 'twenty One earnings Conference call. Today's conference is being recorded at this time I'd like to turn the conference over to Claudio Las Heras head of Investor Relations. Please go ahead.

Welcome everyone and thank you for attending Ccu's fourth quarter 2021 conference call.

With me are Felipe <unk>, Chief Financial Officer.

And Carlos and one third of financial planning and Investor Relations manager.

You have received a copy of the company's consolidated fourth quarter 2021 result.

Philippe will now review our overall performance and we will then move on to a question announcement session. Before we begin please take note of our cautionary statement.

Statements made in this call that relate to Ccu's future performance or financial results are forward looking statements, which involve known and unknown risks and uncertainties that could cause actual performance or results to materially differ these statements should be taken in conjunction with the additional information about <unk>.

Risks and uncertainties set forth in Ccu's annual report in form 20-F filed with the U S Securities and Exchange Commission and in the annual report submitted to the CNS and available on our website.

It is now my pleasure to introduce Philippe do it isn't it.

Thank you Claudio and thank you all for joining us today.

In 2021 C. C. You continued operating under our original plan in the context of the pandemic focusing on three priorities.

Safety of our people.

Operations continue T and financial sense.

In terms of our performance, we posted a positive year by gaming businesses scale and exceeding pre pandemic results in spite of significant cost pressure in Roma Pdl's I'll.

In fact in terms of volume, we have reached $34 7 million hectoliters growing 13% versus 2020 explained by higher consumption the recall.