Q1 2022 Megacable Holdings SAB de CV Earnings Call Transcript

Apr 29, 2022

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Apr 29, 2022 / 03:00PM GMT
Operator

Good morning, and welcome to Megacable's First Quarter 2022 Earnings Conference Call. With us this morning from Megacable, we have Mr. Enrique Yamuni, CEO; Mr. Raymundo Fernandez, Deputy CEO; and Mr. Luis Zetter, CFO.

Let me remind you that the information discussed in today's earnings call may include forward-looking statements on the company's future financial performance and perspectives and prospects, which are subject to risks and uncertainties. Megacable undertakes no obligation to update or revise any forward-looking statements.

I would now like to turn the call over to Mr. Enrique Yamuni. Sir, you may begin.

Enrique Yamuni Robles - Megacable Holdings, S. A. B. de C. V. - CEO, MD & Director

Thank you, and good morning, everyone, and thank you for joining us today. During the first quarter of 2022, the macroeconomic environment remained complex. At the quarter end, the estimated GDP growth remains below 2%, leading to a more conservative annual growth estimate for 2022 from the original 8%. In addition, the estimated annual inflation

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