Earnings ·
Compañía Cervecerías Unidas reported second quarter 2026 results ending June 30, 2026
CCUUnited Breweries Co Inc
Compañía Cervecerías Unidas reported second quarter 2026 results ending June 30, 2026. Consolidated net sales increased 4.8% to CLP 607,801 million, driven by a 6.4% rise in average prices that offset a 1.5% decline in volumes. EBITDA surged 59.4% to CLP 31,591 million with an expanded margin of 5.2%, while net income recorded a loss of CLP 20,712 million compared to a CLP 11,218 million loss in the prior year period. The deterioration in net income was primarily attributable to a non-recurrent impairment loss of CLP 6,068 million related to Bolivia and lower tax benefits from Argentina. In Chile, volumes grew 2.5% and EBITDA rose 26.2%, whereas the International Business segment saw a 7.4% volume contraction due to challenges in Argentina and Bolivia. The Wine segment experienced a 13.7% volume decline and a 61.9% drop in EBITDA. Additionally, CCU acquired Nestlé Chile’s remaining 49.9% stake in Aguas CCU-Nestlé Chile S.A., achieving full ownership of the subsidiary. The company operates in the multi-category beverage industry, producing beer, soft drinks, water, wine, and spirits across South America.