Embotelladora Andina S.A. A (AKO.A) has released an update.
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Embotelladora Andina S.A. reports a mixed quarter with a 2.6% decrease in sales volume, yet showcases a robust financial performance with a 14.6% increase in net sales and a significant 63.4% jump in net income. Despite challenges in Argentina, the company achieved growth in Brazil and Paraguay and expanded its adjusted EBITDA margin. Additionally, they’ve made strides in environmental impact, receiving an A- rating from the Carbon Disclosure Project.
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