Q3 2021 Grupo Televisa SAB Earnings Call Transcript

Feb 11, 2024

Oct 22, 2021 / 01:00PM GMT
Operator

Good morning, everyone, and welcome to Grupo Televisa's Third Quarter 2021 Conference Call. Before we begin, I would like to draw your attention to the press release, which explains the use of forward-looking statements and applies to everything we discuss in today's call and in the earnings release.

I will now turn the call over to Mr. Alfonso Angoitia, Co-Chief Executive Officer of Grupo Televisa. Please go ahead, sir.

Alfonso de Angoitia Noriega - Grupo Televisa, S.A.B. - CO-CEO

Thank you, Sara. Good morning, everyone, and thank you for joining us. With me today are Pepe Antonio Gonzales, CEO of Cable; Alex Penna, CEO of Sky; and Carlos Phillips, Antonio Lara, Corporate Vice President of Finance and Administration, respectively.

During the third quarter, we experienced an overall positive economic environment in Mexico despite the third wave of COVID-19, relatively high inflation and raising interest rates. The economic recovery continues to be led by demand of products manufactured in Mexico from the United States, while remittances sent

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