Company: AKO-B
Filing Date: 2025-01-28
Form Type: 6-K
Source: 0001104659-25-006714
Chunk: 5

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-01-28
Form: 6-K
Chunk 5
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 during the quarter, an increase of 7.3% compared to the same quarter of the previous year.

Consolidated Net Sales reached CLP 952,043 million,
an increase of 23.1%, explained by revenue growth in the four countries in which we operate, as well as the effect of translating figures
from Argentina's local currency to the reporting currency, which was partially offset by the effect of translating figures from our Brazilian
subsidiary to the reporting currency. We continue to make steady progress on our digital transformation agenda. Our B2B platform continues
to grow consistently in transactions across our operations. Approximately 61% of the Company's total revenues came from our digital platforms
in the quarter, representing an increase of 27.5 percentage points versus the same quarter last year. In addition, our customer satisfaction
levels, as measured through the Net Promoter Score, stood at around 55% in December 2024.

Consolidated Cost of Sales increased 23.4%, which
is mainly explained by (i) the effect of translating figures from our Argentine subsidiaries to the reporting currency, (ii) the increase
in sales volumes, (iii) a higher cost of Pet resin in Brazil and Paraguay, and (iv) the effect of the devaluation of local currencies
on our dollarized costs. This was partially offset by (i) the effect of translating figures from our Brazilian subsidiary to the reporting
currency, and (ii) a lower cost of sugar in Argentina and Brazil.

Consolidated Distribution Costs and Administrative
Expenses increased 31.7%, which is mainly explained by (i) the effect of translating figures from our Argentine subsidiary to the reporting
currency, (ii) higher distribution expenses due to higher volumes sold, (iii) higher marketing expenses in Brazil and Paraguay, and (iv)
lower other operating income in Brazil and Paraguay. This was partially offset by (i) the effect of translating figures from our Brazilian
subsidiary to the reporting currency, (ii) lower labor costs in Argentina, and (iii) lower marketing expenses in Argentina and Chile.

The aforementioned effects led to a consolidated
Operating Income of CLP 142,984 million, an increase of 9.9%. Operating Margin was 15.0%.

Consolidated Adjusted EBITDA reached CLP 182,178
million, increasing by 14.5%. Adjusted EBITDA margin was 19.1%, a contraction of 143 basis points