Positive Turnaround in Chile Operating Segment
In the Chile Operating segment, top line expanded 7% driven by a 5.2% increase in average prices and a 1.8% rise in volumes. EBITDA increased by 13.8%, and EBITDA margin grew by 84 basis points.
Wine Operating Segment Growth
The Wine Operating segment saw a top line expansion of 3.3%, driven by 1.9% higher volumes and 1.4% rise in prices. EBITDA grew by 7.9%, and EBITDA margin expanded by 71 basis points.
Consolidation of Aguas de Origen
CCU started consolidating 'Aguas de Origen', its water business in Argentina, adding 844,000 hectoliters to consolidated volumes.
JV Expansion in Paraguay with PepsiCo License
CCU entered into an association with Vierci Group in Paraguay for the PepsiCo license, expected to add 30% to 40% more EBITDA to the business.
Significant Increase in Consolidated Net Income
Consolidated net income reached a gain of CLP 29,548 million, increasing by 211.1%, driven by a better non-operating result, particularly in Argentina.