Company: AKO-B
Filing Date: 2025-01-28
Form Type: 6-K
Source: 0001104659-25-006714
Chunk: 7

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-01-28
Form: 6-K
Chunk 7
---
 decrease in the average revenue per unit case sold, which is explained by the lower average price of exports to Coca-Cola Femsa in Brazil.

| COCA-COLA ANDINA      |     |
| 4Q24 EARNINGS RELEASE |     |
| www.koandina.com      |     |
|                       | -4- |

Cost of Sales increased 109.5%, while in local currency it increased 7.9%, which is mainly explained by (i) the higher sales volume, and (ii) the negative effect of the devaluation of the Argentine peso on our dollarized costs. This was partially offset by (i) a lower cost of concentrate, and (ii) a lower cost of sugar.

Distribution Costs and Administrative Expenses increased 87.8% in the reporting currency, while in local currency they decreased 3.3%, which is mainly explained by (i) lower labor expenses, and (ii) higher other operating income classified under this item. This was partially offset by higher distribution expenses.

The aforementioned effects, as well as the effect of translating figures into the reporting currency, led to an Operating Income of CLP 30,450 million, an increase of 63.0% compared to the same period of the previous year. Operating Margin was 12.1%. In local currency Operating Income decreased 16.0%.

Adjusted EBITDA amounted to CLP 43,559 million,
an increase of 80.2%. Adjusted EBITDA margin was 17.3%, a contraction of 139 basis points. Adjusted EBITDA in local currency decreased
7.1%.

BRAZIL: 4th Quarter 2024 vs. 4th Quarter 2023

|                  |     | 4Q23           |         |     | 4Q24 |         |     | Var 
 %   |      |   |     | 4Q23           |       |     | 4Q24 |       |     | Var 
 %   |      |   |
|                  |     | -Figures       
 in million CLP |         |     |      |         |     |     |      |   |     | -Figures       
 in million BRL |       |     |      |       |     |     |      |   |
| Net Sales        |     |                | 243,604 |     |      | 253,094 |     |     |  3.9 | % |     |