Strong Chile Operating Segment Performance (Full Year)
Chile operating segment delivered robust results in 2025: EBITDA grew 7.8% year-on-year and EBITDA margin expanded by 48 basis points. Consolidated organic volumes growth was fully driven by Chile, with the country recovering volume growth after three years of contraction.
Consolidated Volume Expansion (Full Year)
Consolidated volumes reached 36.2 million hectoliters in 2025, expanding 7.3% versus 2024. Organic volumes increased 0.6% year-over-year.
Quarterly Chile Top-Line and Profitability Strength (Q4 2025)
In Q4 2025 Chile top line rose 5.5% (volumes +4.1%, average prices +1.3%). Gross profit increased 9.1% and EBITDA in the quarter expanded 6.0% despite higher MSD&A expenses.
High Growth in Low-Alcohol / RTD and Water Categories
Low-alcohol ready-to-drink (RTD) and flavored products showed strong growth: RTD products grew over 20% (now ~7% of Chile mix) and flavored/low-alcohol spirits grew ~25%. Enhanced and functional water products posted double-digit growth in Chile.
Regional Footprint and Scale Gains
CCU strengthened its regional presence by integrating PepsiCo's beverage and snacks distribution in Paraguay and growing joint-venture volumes in Colombia to 2.4 million hectoliters (+6.1% in 2025).
Operational & Sustainability Milestones
Company advanced its 2025-2027 strategic plan (Profitability, Growth, Sustainability), reduced industrial water consumption, received Top Employer certifications in Chile and Argentina, and earned recognition for corporate governance practices.
Potential Input Cost Tailwinds from FX
Management highlighted a favorable impact from the appreciation of the Chilean peso on U.S. dollar-linked costs, which could support margin expansion in 2026 if sustained.