Betterware de México, S.A.P.I. de C.V. (NYSE:BWMX) Q3 2024 Earnings Conference Call October 24, 2024 5:30 PM ET
Company Participants
Luis Campos – Executive Chairman
Andres Campos – Chief Executive Officer
Alejandro Ulloa – Chief Financial Officer
Conference Call Participants
Eric Beder – SCC Research
Cristina Fernandez – Telsey Advisory Group
Operator
Thank you and welcome for joining BeFra’s Third Quarter 2024 Earnings Conference Call. Speaking on today’s call are BeFra’s Executive Chairman, Luis Campos, Chief Executive Officer, Andres Campos and Chief Financial Officer Alejandro Ulloa. Before beginning the remarks, the company would like to remind you that today’s call will include forward looking statements, which are subject to various risks and uncertainties that could cause actual results to differ materially from expectations.
Any such statements should be considered in conjunction with the cautionary statements and the safe harbor statement in the earnings release issued yesterday and risk factors discussed in reports filed with the SEC. BeFra assumes no obligation to update any of these forward looking statements or information.
A reconciliation of/and other information regarding non-GAAP financial measures discussed on today’s call can also be found in the earnings release as well as the investors section of the company’s website.
Now I’d like to turn the call over to the company’s Chairman, Luis Campos. Thank you. You may go ahead.
Luis Campos
Thank you, operator. Good afternoon, everyone and welcome to BeFra’s third quarter earnings call. BeFra deliver once again strong results this quarter with net revenues up 6.6% year-over-year and a 7.4% growth over the first nine months of 2024. Adjusted EBITDA touch by 11.7%, highlighting the continue strength on momentum across our operation. This performance was driven by solid contributions from all our key business unit, displaying a crucial role in our overall success.
Importantly these results
