Good morning and welcome to Pepsi PepsiCo's fourth-quarter and full year 2024 earnings question and answer session. Your lives have been placed on listen-only until it's your turn to ask the question.

PepsiCo achieved double-digit organic revenue growth in India for 2024, gaining market share in snacks and beverages. Despite challenges in North America, its AMESA division, including India, saw a 1.