Embotelladora Andina (NYSE:AKO.A – Get Free Report) announced its earnings results on Tuesday. The company reported $0.40 earnings per share for the quarter, FiscalAI reports. The business had revenue of $921.32 million during the quarter. Embotelladora Andina had a net margin of 8.46% and a return on equity of 23.40%.
Embotelladora Andina Stock Up 0.2%
AKO.A traded up $0.04 during trading on Tuesday, reaching $23.65. 1,780 shares of the stock traded hands, compared to its average volume of 349. The stock has a market capitalization of $3.73 billion, a PE ratio of 11.53 and a beta of 0.44. The stock’s 50-day moving average is $23.95 and its 200 day moving average is $23.59. Embotelladora Andina has a 12 month low of $20.02 and a 12 month high of $26.96.
About Embotelladora Andina
Embotelladora Andina SA, also known as Coca-Cola Andina, is a beverage bottling and distribution company headquartered in Santiago, Chile. The company produces, markets and distributes products under The Coca-Cola Company’s brands, including Coca-Cola, Sprite, Fanta, Powerade and Dasani, along with other nonalcoholic beverages and locally marketed products.
The company serves consumers through operations in Chile, Argentina, Paraguay and parts of Brazil. Its activities include beverage manufacturing, packaging, logistics, sales and distribution to supermarkets, convenience stores, restaurants, food-service businesses and other retail customers.
Embotelladora Andina has a long history in the South American beverage industry and has operated as a Coca-Cola bottler for decades.
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