Company: AKO-B
Filing Date: 2025-03-26
Form Type: 20-F
Source: 0001410578-25-000473
Chunk: 89

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-03-26
Form: 20-F
Item: Item 5
Chunk 89
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 as a result of higher revenues per unit case, partially offset by the lower volume sold.
Brazil
Our sales volume in Brazil was 339.8 million unit cases during the year ended December 31, 2024, a 12.9% increase compared to 300.9 million unit cases during 2023. Volume for soft drinks, waters, juices/other non-alcoholic beverages in Brazil increased 11.9%, 19.8% and 21.9%, respectively, while volume for beer and spirits decreased 24.3% in each case during the year ended December 31, 2024 compared to 2023. 
Our average market share for soft drinks in Brazil, during the year ended December 31, 2024, according to A.C. Nielsen Company, was 63.5% (in terms of volume), compared to 62.8% for 2023, and 70.3% in terms of average sales, compared to 69.6% for 2023.
Our net sales in Brazil were Ch$909,678 million during the year ended December 31, 2024, a 22.0% increase compared to Ch$745,383 million during 2023.
Our net sales of soft drinks in Brazil were Ch$658,302 million during the year ended December 31, 2024, a 23.0% increase compared to Ch$535,018 million during 2023. In local currency, net sales of soft drinks increased 19.0%, primarily as a result of higher revenues per unit case and by the volume increase. Our net sales of water and juices/other non-alcoholic beverages in Brazil were Ch$216,318 million during the year ended December 31, 2024, a 28.8% increase compared to Ch$167,900 million during 2023. In local currency, net sales of water and juices/other non-alcoholic beverages increased 24.5%, primarily as a result of the volume increase and by higher revenues per unit case. Our net sales of beer and spirits in Brazil were Ch$35,058 million during the year ended December 31, 2024, a 17.4% decrease compared to Ch$42,464 million during 2023. In local currency, net sales of beer and spirits decreased 21.2%, mainly as a result of the volume decrease which was partially offset by higher revenues per unit case.
Argentina
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