Embotelladora Andina SA said its normalized net income for the fourth quarter amounted to 35.92 Chilean pesos per share, compared with the S&P Capital IQ consensus estimate of 33.53 pesos per share.
EPS increased 13.7% year over year from 31.60 pesos.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 34.00 billion pesos, a gain of 13.7% from 29.92 billion pesos in the prior-year period.
The normalized profit margin climbed to 6.4% from 5.6% in the year-earlier period.
Total revenue declined year over year to 530.57 billion pesos from 537.41 billion pesos, and total operating expenses fell year over year to 462.01 billion pesos from 467.47 billion pesos.
Reported net income fell 23.0% from the prior-year period to 30.20 billion pesos, or 31.91 pesos per share, from 39.22 billion pesos, or 41.43 pesos per share.
For the year, the company's normalized net income totaled 93.75 pesos per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 99.41 pesos.
EPS rose 36.8% from 68.54 pesos in the prior year.
Normalized net income was 88.74 billion pesos, an increase of 36.8% from 64.87 billion pesos in the prior year.
Full-year total revenue rose from the prior-year period to 1.877 trillion pesos from 1.797 trillion pesos, and total operating expenses increased year over year to 1.671 trillion pesos from 1.619 trillion pesos.
The company said reported net income grew 16.4% on an annual basis to 87.86 billion pesos, or 92.82 pesos per share, in the full year, from 75.49 billion pesos, or 79.75 pesos per share.
As of March 1, US$1 was equivalent to 695.12 Chilean pesos.