Molson Coors Beverage: Molson Coors Beverage Company Q4 2021 Earnings Conference Call
This presentation includes “forward-looking statements” within the meaning of the United States federal securities laws. Generally, the words “believe”, “aim”, “expect”, “intend”,
“anticipate”, “project”, “will”, “outlook” and similar expressions identify forward-looking statements, which are generally not historical in nature. Statements referring to projections of
our future financial performance, expected results, cost savings and trends in our business, and other characteristics of future events or circumstances are forward-looking statements and include, but are not limited to, statements under the title “Financial Outlook 2022”, expectations regarding the impacts of the coronavirus pandemic on our operations, liquidity, financial condition and financial results, expectations regarding future dividends, overall volume trends, consumer preferences , pricing trends, industry strengths, cost reduction strategies including our revitalization plan, cost inflation expectations, expected results, capital expenditure funding expectations and future operations, debt service capacities, timing and amounts of debt and levels of indebtedness. t, shipping levels and profitability, market share and sufficiency of capital resources. Although the Company believes that the assumptions on which its forward-looking statements are based are reasonable, it cannot guarantee that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company’s historical experience, and current projections and expectations are disclosed in the Company’s filings with the Securities and Exchange Commission (“SEC”). . These factors include, among others, the impact of the coronavirus pandemic, the impact of increased competition resulting from increased brewer consolidation, competitive pricing and product pressures; the health of the beer industry and our brands in our markets; economic conditions in our markets; additional impairment charges; changes in our supply chain system; availability or increased cost of packaging materials; success of our joint ventures; risks associated with operations in developing and emerging markets; changes in legal and regulatory requirements, including regulation of distribution systems; fluctuations in foreign currency exchange rates; increase in the cost of raw materials used in the business; the impact of climate change and water availability and quality;
the loss or closure of a major brewery or other key facility; a breach of our information systems; our reliance on third-party service providers and internal and outsourced systems; our
ability to implement our strategic initiatives, including executing and achieving cost savings; costs of pension plans and other post-employment benefits; breach of covenants or deterioration in our credit rating; our ability to maintain good working relationships; our ability to maintain brand image, reputation and product quality; adverse legal or regulatory outcomes affecting the business; and other risks discussed in our filings with the SEC, including our most recent Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. All forward-looking statements contained in this press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. We do not undertake to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Please see our most recent earnings release for applicable disclosure and reconciliations of the non-GAAP financial measures discussed in this presentation.