I greatly prefer CROSS TAB to pivot.
CREATE TABLE #Table1 ( LotNumber int NOT NULL, Code varchar(20) NOT NULL, Qty int NULL )
INSERT INTO #Table1 VALUES
(5295289, 'KX-1.7', 1),
(5294679, 'AX-1.6', 1),
(5294699, 'AX-1.1', 1),
(5294679, 'KX-1.1', 1),
(5294701, 'AX-1.3', 1),
(5294694, 'AX-1.3', 1),
(5294693, 'KX-1.5', 1),
(5294696, 'AX-1.1', 1),
(5294696, 'AX-1.1', 1),
(5294697, 'AX-6.2', 1),
(5294697, 'AX-1.4', 1),
(5295290, 'KX-1.2', 1)
SELECT
LotNumber,
MAX(CASE WHEN Code = 'AX-1.1' THEN Qty END) AS [AX-1.1],
MAX(CASE WHEN Code = 'AX-1.3' THEN Qty END) AS [AX-1.3],
MAX(CASE WHEN Code = 'AX-1.4' THEN Qty END) AS [AX-1.4],
MAX(CASE WHEN Code = 'AX-1.6' THEN Qty END) AS [AX-1.6],
MAX(CASE WHEN Code = 'AX-6.2' THEN Qty END) AS [AX-6.2],
MAX(CASE WHEN Code = 'KX-1.1' THEN Qty END) AS [KX-1.1],
MAX(CASE WHEN Code = 'KX-1.2' THEN Qty END) AS [KX-1.2],
MAX(CASE WHEN Code = 'KX-1.5' THEN Qty END) AS [KX-1.5],
MAX(CASE WHEN Code = 'KX-1.7' THEN Qty END) AS [KX-1.7]
FROM #Table1 t
GROUP BY LotNumber
ORDER BY LotNumber