UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 6-K

     Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934

COMPAÑÍA CERVECERÍAS UNIDAS S.A.
(Exact name of Registrant as specified in its charter)
UNITED BREWERIES COMPANY, INC.
(Translation of Registrant’s name into English)

Republic of Chile
(Jurisdiction of incorporation or organization)
Vitacura 2670, 23rd floor, Santiago, Chile
(Address of principal executive offices)
 _________________________________________

Securities registered or to be registered pursuant to section 12(b) of the Act.

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F X Form 40-F ___

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ___ No X

Santiago, Chile, August 6, 2025 – CCU announced today its consolidated financial and operating results[1],[2]

for the second quarter of 2025 (2Q25), which ended June 30, 2025.

o   Chile 3.2%

o   International Business 79.0% (9.8% organic)

o   Wine 4.2%

o   Chile 59.1%

o   International Business (10.3)%

o   Wine 8.3%

[1] For an explanation of the terms used in this report, please refer to the Glossary in Additional Information and Exhibits. Figures in tables and exhibits have been rounded and may not add up exactly to the total shown.

[2] All growth or variation references in this Earnings Release refer to 2Q25 compared to 2Q24, unless otherwise stated.

[3] In 3Q24 we started consolidating “Aguas de Origen” (ADO), our water business in Argentina, and in 4Q24 we started consolidating our partnership with the Vierci Group (AV) in Paraguay. Organic figures and variations for volumes, Net sales, COGS and Gross profit, presented in this report exclude the impact of the consolidation of these businesses. Given the integration of AV into our operations in Paraguay, figures and variations for MSD&A expenses, EBIT, EBITDA, Non-operating results, Income taxes, and Net income are presented on a consolidated basis.

[4] Results of 2Q24 include a non-recurring gain from the sale of a portion of land in Chile, totalizing a gain before taxes of CLP 28,669 million, and a gain after taxes of CLP 20,928 million. At the Operating segments level, this non-recurring effect was accounted in Others/eliminations.

2Q25 PRESS RELEASE

Comments below exclude the non-recurring gain from the sale of a portion of land in Chile in 2Q244. Also, comments related to the consolidated and the International Business Operating segment results consider organic figures for volumes, Net sales, COGS and Gross profit; this is, excluding the consolidation of ADO in Argentina and AV in Paraguay3. MSD&A expenses, EBIT, EBITDA, Non-operating results, Income taxes, and Net income are presented on a consolidated basis.

In 2Q25, CCU delivered higher financial results and increased profitability versus last year, despite a volatile and challenging business environment. Consolidated EBITDA nearly doubled versus last year, mainly driven by our main Operating segment, Chile, which expanded EBITDA 59.1% and, to a lesser extent, by the 8.3% growth in the Wine Operating segment. On the other hand, we keep facing a challenging scenario in Argentina, impacting the International Business Operating segment’s results. Higher consolidated EBITDA and improved EBITDA margin were driven by volume growth, revenue management efforts and efficiencies, more than offsetting costs and expenses pressures from inflation. In line with the higher operational result, Net income posted a lower loss versus last year. Our first half results show that we are taking the right actions to keep delivering higher financial results and profitability in a context of soft volume trends for the beverage industry in the region. For the second half of the year we will keep executing our 2025-2027 Strategic Plan and its three pillars, Profitability, Growth and Sustainability, with a special focus on Profitability, supported by both, revenue management efforts backed by our strong and diversified portfolio of brands, and efficiencies across all our operating segments.

Regarding our main consolidated figures, in 2Q25 organic Net sales were up 4.8%, explained by 4.7% higher organic volumes while organic average prices were flat in CLP. Gross profit grew 6.7% organically, and organic Gross margin expanded 73 bps. In addition, consolidated MSD&A expenses in CLP grew 5.8%, mainly due to the consolidation of ADO, although as a percentage of Net sales improved 197 bps. In all, EBITDA reached CLP 19,817 million, expanding 97.1%, and EBITDA margin expanded 150 bps.

In terms of our segments, in the Chile Operating segment top line expanded 9.4%, as a result of a 6.0% increase in average prices and 3.2% higher volumes, where all categories posted positive growth, with a better seasonally adjusted volume pace than previous quarters. Increased average prices were explained mainly by revenue management efforts, more than offsetting negative mix effects, and were key to expand Gross profit and Gross margin by 12.5% and 115 bps, respectively, in a context of cost pressures related to an unfavorable packaging mix and higher manufacturing costs mainly associated with our PET recycling plant “CirCCUlar”. MSD&A expenses grew below inflation, expanding 2.1%, and as a percentage of Net sales, improved 265 bps, due to efficiencies. Altogether, EBITDA reached CLP 42,305 million, a 59.1% increase, and EBITDA margin expanded 339 bps.

In the International Business Operating segment, organic volumes posted a 9.8% expansion, although Net sales recorded an 11.4% contraction, driven by 19.3% lower organic average prices in CLP. The decline in organic average prices was mainly due to the 30.5%[5] devaluation of the ARS against the USD, and also due to a challenging pricing scenario in Argentina. The volume expansion was mainly explained by a low comparison base in 2Q24 in Argentina, while volumes, seasonally adjusted, continued in a recovery trend for the fourth consecutive quarter. Organic Gross profit decreased 11.6%, and organic Gross margin was flat. MSD&A expenses were up 10.5%, mainly due to the consolidation of ADO, and higher marketing expenses. As a percentage of Net sales, MSD&A expenses decreased 301 bps. In all, in spite of volume growth, given the effects mentioned above, EBITDA was similar to last year, reaching a loss of CLP 26,892 million, versus a loss of CLP 24,373 million in 2Q24.

The Wine Operating segment posted a top line expansion of 6.0%, mainly driven by a 4.2% rise in volumes and 1.7% higher average prices. Larger volumes were led by a 17.4% growth in exports, partially offset by a 4.1% decrease in the Chilean domestic market, while the industry posted a larger decline. The higher average prices were mostly explained by a weaker CLP, and its favorable impact on export revenues and revenue management initiatives in domestic markets, compensated by negative mix effects in the portfolio. Gross profit was flat, and Gross margin deteriorated by 222 bps due to cost pressures from a higher cost of wine, due to a lower harvest, and higher USD-linked packaging costs. MSD&A expenses dropped 3.7%, due to efficiencies, and as a percentage of Net sales improved 274 bps. Altogether, EBITDA reached CLP 11,285 million, an 8.3% increase, and EBITDA margin was up 32 bps.

Regarding our main JVs and associated businesses, in Colombia, we delivered low-single digit volume growth in a soft industry context. We continue working in strengthening our brand portfolio and our sales execution to deliver sustainable growth in volumes and results.

In summary, in 2Q25, we almost doubled consolidated EBITDA through a robust expansion in our main Operating segment, Chile, and a high-single digit EBITDA expansion in the Wine Operating segment, while we still face a challenging scenario in Argentina. Revenue management and efficiencies were key to achieve this. Moreover, we delivered volume growth in all Operating segments and core categories, in a context of soft industries.

To conclude, in a symbolic year for CCU, as we are celebrating 175 years of history, we will continue implementing our 2025-2027 Strategic Plan, supported in our multi-category strategy and our vast business experience to ensure sustainable and profitable growth for our Company.

[5] The ARS currency variation against the USD considers the end of June 30, 2025, compared with the end of June 30, 2024. Source Central Bank of Chile.

2Q25 PRESS RELEASE

Comments below related to the consolidated and the International Business Operating segment consider organic figures for volumes, Net sales, COGS and Gross profit; this is, excluding the consolidation of ADO in Argentina and AV in Paraguay3. MSD&A expenses, EBIT, EBITDA, Non-operating results, Income taxes, and Net income are presented on a consolidated basis.

2Q25 PRESS RELEASE

Comments below related to the consolidated and the International Business Operating segment consider organic figures for volumes, Net sales, COGS and Gross profit; this is, excluding the consolidation of ADO in Argentina and AV in Paraguay3. MSD&A expenses, EBIT, EBITDA, Non-operating results, Income taxes, and Net income are presented on a consolidated basis.

2Q25 PRESS RELEASE

CHILE OPERATING SEGMENT

In terms of our segments, in the Chile Operating segment top line expanded 9.4%, as a result of a 6.0% increase in average prices and 3.2% higher volumes, where all categories posted positive growth, with a better volume pace than previous quarters, seasonally adjusted. Increased average prices were explained mainly by revenue management efforts, more than offsetting negative mix effects, and were key to expand Gross profit and Gross margin by 12.5% and 115 bps, respectively, in a context of cost pressures related to an unfavorable packaging mix and higher manufacturing costs mainly associated with our PET recycling plant “CirCCUlar”. MSD&A expenses grew below inflation, expanding 2.1%, and as a percentage of Net sales, improved 265 bps, due to efficiencies. Altogether, EBITDA reached CLP 42,305 million, a 59.1% increase, and EBITDA margin expanded 339 bps.

We had great news for our corporate brand this quarter. CCU achieved sixth place in the 16th edition of the “Marcas Ciudadanas" study, a leading research conducted by Cadem, climbing 14 positions from the previous review. This study recognizes companies and well-known brands for their positive presence in public opinion, their relevance and contribution to society, and their importance to consumers and clients. The study surveyed 15,000 people nationwide, analyzing 325 brands.

Our “Juntos por un Mejor Vivir” Sustainability Strategy keeps progressing. Within our Water agenda and following the successful implementation of the proposals from the first fund in 2024, CCU, along with its subsidiary Compañía Pisquera de Chile (CPCh), announced its second “water fund” project. This fund aims to develop water efficiency projects on pisco grape farms belonging to small-scale farmers who are members of the Control Pisquero Cooperative.

The climate action agenda also provided good news aligned with our Greenhouse gas (GHG) emissions reduction goal in our logistics. We added three electric trucks to our fleet in the up-north Antofagasta Region, reaching a fleet of around 50 electric trucks across Chile.

INTERNATIONAL BUSINESS OPERATING SEGMENT

In the International Business Operating segment, organic volumes posted a 9.8% expansion, although Net sales recorded an 11.4% contraction, driven by 19.3% lower organic average prices in CLP. The decline in organic average prices was mainly due to the 30.5%5 devaluation of the ARS against the USD, and also due to a challenging pricing scenario in Argentina. The volume expansion was mainly explained by a low comparison base in 2Q24 in Argentina, while volumes, seasonally adjusted, continued in a recovery trend for the fourth consecutive quarter. Organic Gross profit decreased 11.6%, and organic Gross margin was flat. MSD&A expenses were up 10.5%, mainly due to the consolidation of ADO, and higher marketing expenses. As a percentage of Net sales, MSD&A expenses decreased 301 bps. In all, in spite of volume growth, given the effects mentioned above, EBITDA was similar to last year, reaching a loss of CLP 26,892 million, versus a loss of CLP 24,373 million in 2Q24.

WINE OPERATING SEGMENT

The Wine Operating segment posted a top line expansion of 6.0%, mainly driven by a 4.2% rise in volumes and 1.7% higher average prices. Larger volumes were led by a 17.4% growth in exports, partially offset by a 4.1% decrease in the Chilean domestic market, while the industry posted a larger decline. The higher average prices were mostly explained by a weaker CLP, and its favorable impact on export revenues and revenue management initiatives in domestic markets, compensated by negative mix effects in the portfolio. Gross profit was flat, and Gross margin deteriorated by 222 bps due to cost pressures from a higher cost of wine, due to a lower harvest, and higher USD-linked packaging costs. MSD&A expenses dropped 3.7%, due to efficiencies, and as a percentage of Net sales improved 274 bps. Altogether, EBITDA reached CLP 11,285 million, an 8.3% increase, and EBITDA margin was up 32 bps.

In terms of brands, in June, we launched new varieties of “Gato Selección Dulce”: Chocolate and Navegado, both showing excellent preliminary performance. These two varieties aim to strengthen VSPT brand's portfolio and value proposition to consumers.

2Q25 PRESS RELEASE

CCU is hosting a conference call with investors and analysts to discuss second quarter 2025 operating results on August 7, 2025, at 12:00 pm SCL time where senior management will discuss CCU’s financial results, and this will be followed by a question and answer session. To connect use the following link: https://mm.closir.com/slides?id=303056. For cellphone access, please use the following Access Numbers with the Participant Password: 303056

Location / Number

USA +1 718 866 4614

Brazil +55 612 017 1549

Chile +56 228 401 484

Mexico +52 55 1168 9973

UK       +44 203 984 9844

ABOUT CCU

CCU is a multi-category beverage company with operations in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. CCU is one of the largest players in each one of the beverage categories in which it participates in Chile, including beer, soft drinks, mineral and bottled water, nectar, wine and pisco, among others. CCU is the second-largest brewer in Argentina and also participates in the cider, spirits, wine and water industries. In Uruguay and Paraguay, the Company is present in the beer, mineral and bottled water, soft drinks, wine and nectar categories. In Bolivia, CCU participates in the beer, water, soft drinks and malt beverage categories. In Colombia, the Company participates in the beer and in the malt industry. The Company’s principal licensing, distribution and / or joint venture agreements include Heineken Brouwerijen B.V., PepsiCo Inc., Seven-up International, Schweppes Holdings Limited, Société des Produits Nestlé S.A., Pernod Ricard Chile S.A., Promarca S.A. (Watt’s), Red Bull Panamá S.A., Stokely Van Camp Inc., and Coors Brewing Company.

CORPORATE HEADQUARTERS

Vitacura 2670, 26th floor

Santiago

Chile

STOCK TICKER

Bolsa de Comercio de Santiago: CCU

NYSE: CCU

CAUTIONARY STATEMENT

Statements made in this press release that relate to CCU’s future performance or financial results are forward-looking statements, which involve known and unknown risks and uncertainties that could cause actual performance or results to materially differ. We undertake no obligation to update any of these statements. Persons reading this press release are cautioned not to place undue reliance on these forward-looking statements. These statements should be taken in conjunction with the additional information about risk and uncertainties set forth in CCU’s annual report on Form 20-F filed with the US Securities and Exchange Commission and in the annual report submitted to the CMF (Chilean Market Regulator) and available on our web page.

GLOSSARY

Operating segments

The Operating segments are defined with respect to its revenues in the geographic areas of commercial activity:

2Q25 PRESS RELEASE

ARS / CLP / USD

Argentine peso / Chilean peso / United States Dollar

Cost of sales

Formerly referred to as Cost of Goods Sold (COGS), includes direct costs and manufacturing costs.

Earnings per Share (EPS)

Net income attributable to the equity holders of the parent divided by the weighted average number of shares during the year.

EBIT

Earnings Before Interest and Taxes. For management purposes, EBIT is defined as Net income before other gains (losses), net financial expenses, equity and income of joint ventures, foreign currency exchange differences, results as per adjustment units and income taxes. EBIT is equivalent to Adjusted Operating Result used in the 20-F Form.

EBITDA

EBITDA represents EBIT plus depreciation and amortization. EBITDA is not an accounting measure under IFRS. When analyzing the operating performance, investors should use EBITDA in addition to, not as an alternative for Net income, as this item is defined by IFRS. Investors should also note that CCU’s presentation of EBITDA may not be comparable to similarly titled indicators used by other companies. EBITDA is equivalent to ORBDA (Adjusted Operating Result Before Depreciation and Amortization), used in the 20-F Form.

Exceptional Items (EI)

Formerly referred to as Non-recurring items (NRI), Exceptional Items are either income or expenses which do not occur regularly as part of the normal activities of the Company. They are presented separately because they are important for the understanding of the underlying sustainable performance of the Company due to their size or nature.

Gross profit

Gross profit represents the difference between Net sales and Cost of sales.

Gross margin

Gross profit as a percentage of Net sales.

Liquidity ratio

Total current assets / Total current liabilities

Marketing, Sales, Distribution and Administrative expenses (MSD&A)

MSD&A includes marketing, sales, distribution and administrative expenses.

Net Financial Debt

Total Financial Debt minus Cash & Cash Equivalents.

Net Financial Debt / EBITDA

The ratio is based on a twelve month rolling calculation for EBITDA.

Net income

Net income attributable to the equity holders of the parent.

UF

The UF is a monetary unit indexed to the Consumer Price Index variation in Chile.

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Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Compañía Cervecerías Unidas S.A.
(United Breweries Company, Inc.)

Date: August 6, 2025