Question · Q3 2025
Bryan Adams noted the implied Q4 growth of approximately 2.5% or more to hit the midpoint of the 1-3% top-line guidance for the year. He asked if this improvement exiting the year is mostly due to pricing net of elasticity impact, an easier Q4 Asia-Pacific comparison, or if there are other factors driving the conviction for a step-up in Q4 versus Q3.
Answer
Marcos Gabriel, Executive Vice President and CFO, confirmed the implied growth level for Q4 in constant currency. He expects continued volume growth in Consumer Americas despite price increases, and growth across most Consumer regions. Flavor Solutions will see more moderation of volume and price, with flat volume for the full year.