Company: AKO-B
Filing Date: 2025-01-28
Form Type: 6-K
Source: 0001104659-25-006714
Chunk: 14

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-01-28
Form: 6-K
Chunk 14
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   |       |   |
|                  |     | -Figures       
 in million CLP |         |     |      |         |     |     |      |   |     | -Figures                        
 in million ARS of December 2024 |         |     |      |         |     |     |       |   |
| Net Sales        |     |                | 460,338 |     |      | 798,447 |     |     | 73.4 | % |     |                                 | 925,399 |     |      | 826,925 |     |     | -10.6 | % |
| Operating Income |     |                |  62,960 |     |      |  79,972 |     |     | 27.0 | % |     |                                 | 126,566 |     |      |  82,825 |     |     | -34.6 | % |
| Adjusted EBITDA  |     |                |  86,016 |     |      | 127,926 |     |     | 48.7 | % |     |                                 | 172,915 |     |      | 132,489 |     |     | -23.4 | % |

Sales volume decreased 11.1%, reaching 172.6 million unit cases, explained by the decrease in volume in all categories. Transactions amounted to 791.9 million, a decrease of 14.5%.

Net Sales amounted to CLP 798,447 million, an increase of 73.4%, while, in local currency, Net Sales decreased 10.6%, which was mainly explained by the aforementioned decrease in volume, partially offset by the increase in the average revenue per unit case sold.

Cost of Sales increased 82.6%. In local currency, it decreased 5.9%, which is mainly explained by (i) the lower sales volume, and (ii) a lower cost of concentrate. This was partially offset by (i) a higher labor cost, (ii) the devaluation of the local currency over dollarized costs, (iii) a higher cost of Pet resin, and (iv) a higher cost of sugar.

Distribution Costs and Administrative Expenses
increased 78.1% in the reporting currency. In local currency, these decreased 8.2%, which is mainly explained by (i) a lower labor cost,
and (ii) a lower distribution cost due to the lower sales