Constancia Gonzales's questions to UNITED BREWERIES CO INC (CCU) leadership • Q2 2024
Question
Constancia Gonzales of Quest Capital requested CCU's expectations for volume and price trends in Argentina for the upcoming quarters and into early 2025.
Answer
CEO Patricio Jottar Nasrallah stated that it is extremely difficult to predict, but the company's expectation is for volumes to remain at the current level (70% of pre-crisis levels) in Q3 and potentially recover to 85% in Q4. He reiterated that the pricing strategy is to move in line with inflation.