Company: AKO-B
Filing Date: 2025-01-28
Form Type: 6-K
Source: 0001104659-25-006714
Chunk: 16

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-01-28
Form: 6-K
Chunk 16
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 Segment's categories. The Alcoholic Beverages Segment represented 1.3% of total volume and decreased by 24.3%, which was explained by the decrease in the Beer category, partially offset by the increase in the Other Alcoholic Beverages category. Transactions amounted to 1,787.8 million, an increase of 8.9%.

Net Sales reached CLP 909,678 million, an increase of 22.0%. In local currency, Net Sales increased 17.9%, due to the aforementioned increase in volume and, to a lesser extent, to a higher average price as a result of the price increases we have implemented. Net Sales of the Non-Alcoholic Beverages segment increased 20.3% in local currency, representing 96.2% of total sales. Net Sales of the Alcoholic Beverages segment decreased 21.2% in local currency, representing 3.8% of total sales.

| COCA-COLA ANDINA      |     |
| 4Q24 EARNINGS RELEASE |     |
| www.koandina.com      |     |
|                       | -8- |

Cost of sales increased 17.7%, while in local
currency it increased 13.8%, which is mainly explained by (i) the higher sales volume, (ii) the devaluation of the Brazilian real over
our dollarized costs, and (iii) a higher cost of concentrate due to price increases. This was partially offset by the shift in the mix
towards lower unit cost products.

Distribution and Administrative Expenses increased
20.6% in the reporting currency, and in local currency they increased 16.3%, which is mainly explained by (i) higher freight expenses,
due to the higher volume sold, (ii) higher labor costs, (iii) higher marketing expenses, and (iv) lower other operating income that are
classified under this item.

The aforementioned effects, as well as the effect
of translating figures into the reporting currency, led to an Operating Income of CLP 155,053 million, an increase of 42.6%. Operating
Margin was 17.0%. In local currency, Operating Income increased 38.3%.

Adjusted EBITDA reached CLP 191,442 million,
an increase of 36.7% over the previous year. Adjusted EBITDA Margin was 21.0%, an expansion of 225 basis points. In local currency Adjusted
EBITDA increased 32.1%.