Company: AKO-B
Filing Date: 2025-04-30
Form Type: 6-K
Source: 0001104659-25-041498
Chunk: 3

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-04-30
Form: 6-K
Chunk 3
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 the effect of translation of
figures from our Argentine subsidiary, which was partially offset by the same effect from our Brazilian operation. We continue to advance
our digital transformation agenda with determination. Our B2B platform continues to show strong growth in transactions across our operations.
During the first quarter, 65.5% of the Company's total net revenues were generated through our digital platforms, an increase of 29.7
percentage points compared to the same period last year. In addition, our customers' satisfaction, as assessed by the Net Promoter Score, reached 54% in the first quarter, reflecting the positive acceptance of our B2B platform.

Consolidated Cost of Sales increased 11.0%, which
is mainly explained by (i) higher sales volumes in Argentina, Brazil and Paraguay, (ii) a higher cost of Pet resin, (iii) a higher cost
of concentrate in Brazil, (iv) the effect of the shift in the mix towards higher unit cost products in Chile and Paraguay, (v) the effect
of translation of figures from our Argentine subsidiary to the reporting currency and (vi) the effect of the devaluation of the Brazilian
real on our dollarized costs. This was partially offset by (i) a lower cost of sugar, (ii) a lower cost of concentrate in Chile and (iii)
the effect of translating figures from our Brazilian subsidiary to the reporting currency.

Consolidated Distribution Costs and Administrative
Expenses increased 11.3%, which is mainly explained by (i) higher distribution expenses, due to higher volumes sold, (ii) higher labor
costs in Brazil and Chile, (iii) the effect of translating figures from our Argentine subsidiary to the reporting currency, and (iv) higher
marketing expenses in Chile. This was partially offset by (i) lower labor costs in Argentina and Paraguay and (ii) the effect of translating
figures from our Brazilian subsidiary to the reporting currency.

The aforementioned effects led to a consolidated
Operating Income of CLP 132,813 million, an increase of 6.6%. Operating Margin was 15.0%.

| COCA-COLA ANDINA      |     |
| 1Q25 EARNINGS RELEASE |     |
| www.koandina.com      |     |
|                       | -3- |

Consolidated Adjusted EBITDA reached CLP 172,049
million, an increase of 7.3%. Adjusted EBITDA margin was 19.4