Embotelladora Andina SA (AKO.A) has released an update.
Embotelladora Andina S.A. reported a modest increase in consolidated sales volume by 0.3% and a significant jump in net income attributable to owners by 101.8% for the quarter, compared to the same period last year. Despite mixed regional results, the company saw a strong performance in Brazil and Paraguay, offsetting declines in Argentina and Chile. The beverage giant is also making strides in sustainability, planning to exceed 50% renewable energy use in the near future and commencing operations of a new, environmentally friendly production unit in Brazil next year.
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