Company: AKO-B
Filing Date: 2025-03-26
Form Type: 20-F
Source: 0001410578-25-000473
Chunk: 90

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-03-26
Form: 20-F
Item: Item 5
Chunk 90
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 sales volume in Argentina was 172.6 million unit cases during the year ended December 31, 2024, an 11.1% decrease compared to 194.2 million unit cases during 2023. Volume for soft drinks, waters, juices/other non-alcoholic beverages and other alcoholic beverages in Argentina decreased 11.1%, 10.5%, 12.8% and 16.7%, respectively, in each case during the year ended December 31, 2024 compared to 2023.
Our average market share for soft drinks in Argentina during the year ended December 31, 2024, according to A.C. Nielsen Company, was 57.8% (in terms of volume), compared to 59.8%2 for 2023, and 70.0% in terms of average sales, compared to 70.2%2 for 2023.
Our net sales in Argentina were Ch$798,447 million during the year ended December 31, 2024, a 73.4% increase compared to Ch$460,338 million during 2023. In local currency, net sales in Argentina decreased 10.6% in real terms, explained mainly by the decrease in volume. 
Our net sales of soft drinks in Argentina were Ch$606,837 million during the year ended December 31, 2024, a 76.2% increase compared to Ch$344,434 million during 2023. In local currency, net sales of soft drinks decreased 9.2% in real terms, as a result of the decrease in sales volume which was partially offset by higher average revenues per unit case sold. Our net sales of juices/other non-alcoholic beverages, waters and beer/spirits in Argentina were Ch$172,537 million during the year ended December 31, 2024, a 69.9% increase compared to Ch$101,536 million during 2023. In local currency, net sales of juices/other non-alcoholic beverages, water and beer/spirits decreased 8.3% in real terms, mainly due to the decrease in sales volume.

2 In Argentina during 2024 A.C. Nielsen carried out a reprocessing of data from 2023 and 2022 for comparability purposes.
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Paraguay
Our sales volume in Paraguay was 85.0 million unit cases during the year ended December 31, 2024, a