Company: AKO-B
Filing Date: 2025-10-29
Form Type: 6-K
Source: 0001104659-25-103299
Chunk: 17

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-10-29
Form: 6-K
Chunk 17
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toward products with higher unit costs. This was partially offset by lower sugar costs.

| COCA-COLA ANDINA      |     |
| 3Q25 EARNINGS RELEASE |     |
| www.koandina.com      |     |
|                       | -9- |

Distribution Costs and Administrative Expenses
increased by 6.1% in the reporting currency. In local currency, they increased by 7.5%, mainly due to (i) greater distribution costs
as a result of increased volumes and higher rates, (ii) higher marketing expenses, and (iii) higher labor costs. This was partially
offset by higher operating income classified under this item.

The above effects led to an Operating Income
of CLP 47,773 million, 4.8% higher than the previous year. Operating margin reached 22.2%. In local currency, Operating Income increased
by 7.3%.

Adjusted EBITDA reached CLP 58,806 million, 2.0%
higher than the previous year, and Adjusted EBITDA Margin was 27.4%, a contraction of 182 basis points. In local currency, Adjusted EBITDA
increased by 4.2%.

NON-OPERATING RESULTS FOR THE QUARTER

Net Financial Income and Expenses account showed
an expense of CLP 13,064 million, compared with CLP 12,763 million in expenses in the same quarter of the previous year, mainly due to
lower financial income as a result of lower cash levels.

Share of Profit or Loss from Investments Accounted
for by the Equity Method went from a profit of CLP 760 million to a loss of CLP 385 million, mainly due to lower results from subsidiaries
in Chile and Brazil.

Other Income and Expenses account recorded a
profit of CLP 233 million, compared with a loss of CLP 4,937 million in the same quarter of the previous year, a difference mainly explained
by indemnification received in Brazil.

Results by Adjustment Units and Exchange Rate
Differences went from a loss of CLP 3,626 million to a profit of CLP 4,164 million, which is mainly explained by higher earnings from
exchange differences in Chile and Paraguay.

Income Tax went from -CLP 15,725 million to -CLP
25,296 million, a variation that is mainly explained by (i) higher pre-tax income, and (ii) higher withholding taxes associated
with