Embotelladora Andina Q3 2024 Earnings Report

Embotelladora Andina EPS Results

• Actual EPS: $0.29
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Embotelladora Andina Revenue Results

• Actual Revenue: $781.34 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Embotelladora Andina Announcement Details

• Quarter: Q3 2024
• Date: 10/29/2024
• Time: N/A
• Conference Call Date: Wednesday, October 30, 2024
• Conference Call Time: 10:00AM ET

Embotelladora Andina (NYSE:AKO.A), together with its subsidiaries, produces, markets, and distributes Coca-Cola soft drinks in Chile, Brazil, Argentina, and Paraguay. It also offers fruit-flavored beverages, juices, sports and energy drinks, ice tea, and bottled water. Embotelladora Andina S.A. was founded in 1946 and is headquartered in Santiago, Chile.

Embotelladora Andina Q3 2024 Earnings Call Transcript

Key Takeaways

• Analysts noted a general deceleration in pricing in Q3 compared with Q2 across most regions.
• In Chile and Brazil, reported prices were running below inflation levels.
• A question was raised about the competitive background driving pricing trends in those markets.
• Analysts asked whether there is room to increase or catch up prices later this year to align with inflation.

[Operator]

Okay. Okay. Constanza Gonzalez, the Quest Capital, Okay. Hi, team. Good morning.

[Operator]

Two questions. We saw a general deceleration in pricing versus the Q2 across most regions, even printing below inflation in Chile and Brazil. Could you comment on the competitive background in those regions, please? And number 2, do you see space for an increase or catch up in prices this year getting closer to inflation? And this question is from Thiago Bortoluci from Goldman Sachs.

[Operator]

Thank you. Okay. Thank you. And the next question is