Q1 2021 Organizacion Soriana SAB de CV Earnings Call Transcript

Apr 28, 2021 / 05:00PM GMT
Operator

Good afternoon, and welcome to the Organización Soriana First Quarter 2021 Earnings Conference Call. With us today is Mr. Rodrigo Benet, Chief Financial Officer; and Ms. Claudia Gonzales, Head of Investor Relations, who will be discussing the financial performance of the quarter, along with a summary of the latest news of the company. (Operator Instructions)

Now I will pass the call to Mr. Benet. Please go ahead, Mr. Benet.

Rodrigo Jesus Benet Cordova - Organización Soriana, S. A. B. de C. V. - CFO and Director of Administration & Finance

Thank you very much. Good morning, everybody, and thank you for joining us for this conference call. As you already know, since 2020, we have been living completely atypical situation as a result of the pandemic COVID-19, which began in March of last year, where we had a very positive result caused by the panic buying due to the uncertainty provoked by the COVID itself. As a result, we will make a comparison between this quarter and the first quarter of last year. The company closed with a decrease of 10.3% in

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