Embotelladora Andina

Revenue and cash flows are recurring and tied to staple beverage demand, but predictability is reduced by FX, inflation and policy volatility across four Latin American markets, particularly Argentina’s hyperinflation accounting (IAS 29) and periodic currency devaluations.

H1 2026 delivered higher consolidated ordinary revenue of Ch$1.744 trillion and net income of Ch$136 billion, up from H1 2025, indicating resilient volumes and pricing. Country volume shares remain strong: Brazil soft‑drink share ~64.7 percent in 2025; Chile ~64.6 percent; Paraguay ~75.6 percent; Argentina ~57 percent.

Still, translation effects can mask local‑currency growth and compress reported margins.