TRADING STATEMENT Q3 2019 31 October 2019 Carlsberg Group | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------|-----------|-----------------|--------------------|-------|-----------------------------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Solid top-line growth | | | | | | | | | | | | | | | | | | | | | | | | | | | | NET REVENUE | | (DKKm) | | | 18,526 | | | | | | | | | PRICE/M ...

Carlsberg A/S (OTCPK:CABGY) Q2 2019 Results Conference Call August 15, 2019 3:00 AM ET Company Participants Cees 't Hart - President and Chief Executive Officer Heine Dalsgaard - Chief Financial Officer Peter Kondrup - Vice President of Investor Relations Conference Call Participants Trevor Stirling - Bernstein Jonas Hansen - Danske Bank Sanjeet Aujla - Credit Suisse Andrea Pistacchi - Deutsche Bank Simon Hales - Citi Søren Samsøe - SEB Nico Von Stackelberg - Liberum Edward Mundy - Jefferies Cees 't Hart Go ...

H1 2019 INTERIM FINANCIAL STATEMENT INTERIM FINANCIAL STATEMENT H1 2019 15 August 2019 1 laberg H1 2019 INTERIM FINANCIAL STATEMENT A strong set of numbers GROWING TOP- AND BOTTOM-LINE • Net revenue +4.2%* • Operating profit +17.7%* DELIVERING STRONG CASH FLOW • Free cash flow of DKK 5.2bn IMPROVING ROIC • +110bp to 8.7% SIGNIFICANT CASH RETURNS • Dividends and buybacks of DKK 5.2bn (YTD) organic growth Volume GOLDEN TRIANGLE margin GPaL DKK FCF organic growth EBIT 2 * Organic numbers H1 2019 INTERIM FINANC ...

Carlsberg A/S (OTCPK:CABGY) Q1 2019 Earnings Conference Call May 2, 2019 3:00 AM ET Company Participants Cees 't Hart - President & Chief Executive Officer Heine Dalsgaard - Chief Financial Officer Peter Kondrup - Vice President of Investor Relations Conference Call Participants Jonas Guldborg - Danske Bank Søren Samsøe - SEB Andrea Pistacchi - Deutsche Bank Hans Gregersen - Nordea Michael Rasmussen - ABG Ed Mundy - Jefferies Tristan Van Strien - Redburn Partners Simon Hales - Citi Trevor Stirling - Bernste ...

| --- | --- | --- | --- | |---------------------------|-------|-------|-----------| | | | | | | Q1 2019 TRADING STATEMENT | | | | | | | | | | | | | | | | | | | | | | | | | TRADING | | | | | | | | STATEMENT | 1 Q1 2019 TRADING STATEMENT A good start to the year NET REVENUE* PRICE/MIX +6.4% +3% +3.4% TOTAL VOLUME* | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|----------------------------|--------|-------------|-------------|-------|--------|--------------| | | | Q1 2019 \n(m.hl / DK ...

Carlsberg AS ADR B (OTCPK:CABGY) Q4 2018 Results Earnings Conference Call February 6, 2019 3:00 AM ET Company Participants Cees 't Hart - President, Chief Executive Officer Heine Dalsgaard - Chief Financial Officer Conference Call Participants Simon Hales - Citi Jonas Guldborg - Danske Bank Ed Mundy - Jefferies Mitch Collett - Goldman Sachs Hans Gregersen - Nordea Søren Samsøe - SEB Andrea Pistacchi - Deutsche Bank Richard Withagen - Kepler Cheuvreux Trevor Stirling - Bernstein Fernando Ferreira - Bank of A ...

2018 FINANCIAL STATEMENT 1 2018 FINANCIAL STATEMENT 6 February 2019 2018 FINANCIAL STATEMENT A strong set of numbers GROWING TOP- AND BOTTOM-LINE Net revenue +6.5%* Operating profit +11.0%* DELIVERING STRONG CASH FLOW Free cash flow of DKK 6.2bn REDUCING LEVERAGE Net debt/EBITDA 1.29x INCREASING CASH RETURNS Dividend +13% Share buy-back of DKK 4.5bn 2 * Organic numbers 2018 FINANCIAL STATEMENT Well-balanced Golden Triangle Organic growth Volumes Organic growth GPaL margin Organic growth Operating profit Fre ...