Company: AKO-B
Filing Date: 2025-10-29
Form Type: 6-K
Source: 0001104659-25-103299
Chunk: 22

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-10-29
Form: 6-K
Chunk 22
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8% compared with the same period in 2024, mainly explained by lower
investments in the brewery in Brazil and in cold equipment.

Inventory turnover reached 4.7 times, showing
a decrease of 11.4% compared with the same period in 2024, mainly explained by the increase in average inventory (23.3%), which was greater
than the increase in cost of sales (9.3%) compared with the same period in 2024.

Indebtedness

The debt ratio reached 0.7 times at the end of
September 2025, which corresponds to an increase of 1.4% compared with the end of December 2024. This is mainly due to the
increase in net financial debt (17.3%), which was greater than the increase in total equity (15.7%).

The financial expense coverage ratio shows a
decrease of 15.8% compared with December 2024, reaching a value of 10.7 times. This is explained by the fact that the increase in
net financial expenses for the last 12 months (22.3%) was greater than the increase in adjusted EBITDA for the last 12 months (2.9%).

Net Financial Debt/Adjusted EBITDA reached 1.4
times at the end of September 2025, representing an increase of 14.0% compared with December 2024. This is due to the increase
in net financial debt (17.3%), which was greater than the increase in Adjusted EBITDA (2.9%).

Profitability

Return on equity reached 25.4%, 0.4 percentage
points higher than the indicator measured in December 2024. The result is due to the increase in net income for the last 12 months
(15.2%), which was higher than the increase in average equity (13.4%).

Return on total assets was 8.0%, 0.5 percentage
points higher than the indicator measured in December 2024, explained by the increase in net income for the rolling 12-month period
(15.2%), which was higher than the increase in average assets (7.5%).

MACROECONOMIC INFORMATION

| INFLATION  |     |                  |       |   |     |      |       |   |
|            |     | Accumulated 9M25 |       |   |     | L12M |       |   |
| Argentina* |