Company: AKO-B
Filing Date: 2025-10-29
Form Type: 6-K
Source: 0001104659-25-103299
Chunk: 11

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-10-29
Form: 6-K
Chunk 11
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iv) the effect of the shift in the mix toward higher unit
cost products in Argentina, Chile, and Paraguay, and (v) the effect of the devaluation of the local currencies of Argentina, Brazil,
and Paraguay on our dollar-denominated costs. This was partially offset by (i) lower sugar costs, (ii) lower concentrate costs
in Argentina and Chile, and (iii) the effect of translating figures from our Brazilian subsidiary to the reporting currency.

Consolidated Distribution Costs and Administrative
Expenses increased 6.1%, mainly due to (i) higher distribution expenses, (ii) higher labor costs, (iii) lower other operating
income in Argentina, and (iv) higher marketing expenses in Paraguay. This was partially offset by (i) lower marketing costs
in Brazil, (ii) higher other operating income classified under this item in Brazil and Paraguay, and (iii) the effect of translating
figures from our Brazilian subsidiary to the reporting currency.

The aforementioned effects led to a consolidated
Operating Income of CLP 300,247 million, an increase of 7.9%. Operating margin was 12.5%.

Consolidated adjusted EBITDA reached CLP 418,239
million, an increase of 8.3%. Adjusted EBITDA Margin was 17.5%, an expansion of 1 basis point.

Net Income attributable to the owners of the
controller was CLP 168,384 million, an increase of 26.6%, and the net margin reached 7.0%.

Argentina

|                  |     |           9M24 |     |    9M25 |     |    % 
 Var. |   |     |                             9M24 |     |    9M25 |     |    % 
 Var. |   |
|                  |     |       -Figures 
 in million CLP |     |         |     |      |   |     |                         -Figures 
 in million ARS of September 2025 |     |         |     |      |   |
| Net Sales        |     |        483,391 |     | 545,310 |     | 12.8 | % |     |                          687,620 |     | 781,937 |     | 13.7 | % |
| Operating Income |     |         43,628 |     |  54,014 |     | 23.8 | % |     |