AKO-B · Embotelladora Andina S.A.

Coca-Cola Andina delivered strong Q1 2026 results with net sales up 4.1% to CLP 924,263 million, driven by volume stability at 251.6 million UC (+0.2% YoY) and transaction growth of 0.4%. Gross profit increased 5.9% to CLP 379,040 million, expanding gross margin to 41.0% from 40.3%, reflecting improved cost efficiencies despite a 2.8% rise in cost of sales. Operating income grew 12.2% to CLP 148,971 million with margin expansion to 16.1%, supported by controlled distribution and administrative expenses (+2.3%). Adjusted EBITDA rose 12.8% to CLP 194,015 million, maintaining a healthy 21.0% margin. Net income attributable to equity holders surged 25.3% to CLP 99,259 million, boosted by lower net financial expenses (-23.1%) and positive exchange rate differences, with EPS at CLP 105. Balance sheet remains solid with total assets at CLP 3,539 billion as of March 31, 2026, and stockholders' equity up 18.0% to CLP 1,366 billion quarter-over-quarter. Shareholders approved FY2025 dividends of CLP 102.0 per Series A and CLP 112.2 per Series B share, payable May 14, 2026, signaling confidence in cash generation. Sustainability accolades, including fifth year in S&P Yearbook and strong CDP ratings, reinforce ESG leadership amid operational growth.