Coca-Cola Bottler Andina Profit Up 7.5%
Chile's Coca-Cola Andina grew third-quarter profit 7.5% to about US$64 million as Brazil led volumes, helped by currency effects. The post Coca-Cola Bottler Andina Profit Up 7.5% appeared first on The Rio Times .
Coca-Cola Andina, the Chilean company responsible for bottling and distributing Coca-Cola drinks across Chile, Brazil, Argentina, and Paraguay, reported a 7.5% increase in profit for the third quarter of 2026. The profit rose to 61.48 billion Chilean pesos, or approximately US$64 million, according to the company's results published on October 27, 2026.
For US investors, this is equivalent to around US$64 million. Adjusted EBITDA, which measures operating profit before interest, taxes, depreciation, and one-off items, grew 16.9% to CLP 488.9 billion (approximately US$506 million) for the nine months ending September 30, 2026.
The company's growth was driven by higher sales volumes in Brazil and Chile, as well as increased revenue per case and a positive impact from currency conversion effects when converting profits from Paraguay, Brazil, and Argentina into Chilean pesos. Brazil emerged as the standout performer in the third quarter, with sales up 17.4% and volume up 7.7%.
Chile, the company's home market, experienced a more modest 2.2% sales growth and 0.9% volume increase. Argentina saw a decline in sales, down 3.6% in local currency and 4.1% in volume, while Paraguay's sales rose 3.0% in local currency and 22.8% after conversion into Chilean pesos, although volume fell 0.8%.
Although the third quarter's revenue and volume growth were underpinned by currency effects, the company's executive vice president, Miguel Ángel Peirano, emphasized that the company is maintaining growth while managing costs despite challenging market conditions, notably the rise in oil prices. The Rio Times calculated the value of 1,000 pesos to be approximately US$1.04, given the current exchange rate of 966 Chilean pesos per US dollar.
The company's profit and performance figures are reported in Chilean pesos, while its shares are listed on the New York Stock Exchange as AKO.A and AKO.B, priced in US dollars.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
