International premium brand volume development: Tuborg +8%, Carlsberg +15%, 1664 Blanc 0%, Brooklyn -1%, Grimbergen +6% and Somersby -4%.
REVENUE/HL GROWTH ACROSS REGIONS
Organic revenue growth +6.4%
Revenue/hl +4%, with positive contribution from all three regions.
Organic revenue growth in Western Europe +5.1%, Asia +7.6% and CEEI +7.3%.
Reported revenue growth +4.4% to DKK 1bn, impacted by currencies.
SUPPORTING SHAREHOLDER RETURNS
New quarterly share buy-back programme
A new quarterly share buy-back programme, amounting to DKK 1.0bn, will be launched today.
2024 EARNINGS GUIDANCE MAINTAINED
Organic operating profit growth of 1-5%.
Based on the currency spot rates at 29 April, we assume a translation impact of around DKK -250m for the full year (previously DKK -100m).
Group CEO Jacob Aarup-Andersen says: "We've had a solid start to the year with volume and revenue growth in all three regions. We're particularly satisfied with the growth of our premium portfolio and the volume and revenue growth in Asia, both of which are important strategic growth drivers for the Group. Q1 performance was in line with expectations, and we maintain our full-year earnings outlook."
Contact
Please address enquiries to:
Head of Group External Communications
Kenni Leth
Tel +45 51 71 43 68 Email[email protected]
Vice President, Investor Relations
Peter Kondrup
Tel +45 3327 1221 Email[email protected]
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Carlsberg A/S published this content on
30 April 2024 and is solely responsible for the information contained therein. Distributed by
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30 April 2024 06:04:27 UTC.
Carlsberg A/S is one of the world's leading beer producers. Net sales break down by activity as follows:
- beer production and sales: 101 million hectoliters sold in 2023 primarily under the Carlsberg and Tuborg brands;
- production, bottling, and distribution of non-alcoholic beverages: carbonated beverages, energy drinks, and mineral waters (24.1 million hectoliters sold in 2022).
At the end of 2023, the group had 71 breweries located in Denmark, in the United Kingdom (3), in Poland (3), in Germany (3), in Western Europe (6), in China (26), in Asia (14), and in Central/Eastern Europe (15).
Net sales are distributed geographically as follows: Western Europe (50.7%), Asia (31.7%), Eastern and Central Europe (17.6%).
CARLSBERG A/S 
