Financial Performance - Revenue reached DKK 35.4 billion, showing organic growth of 20.7%[3] - Operating profit increased to DKK 6.4 billion, a rise of 31.8%[3] - Adjusted EPS was DKK 35.9, up by 63.9%[36] - Total volume grew by 8.9% to 64.2 million hectoliters[3] - The operating margin was 18.2%, an increase of 170 basis points[35] Regional Performance - Asia experienced a total volume increase of 13.2%[26] - Western Europe saw a total volume increase of 10.2%[25] - Central & Eastern Europe experienced a total volume increase of 0.3%[27] Brand Performance - Carlsberg brand grew by 14%[7] - Alcohol-free brews volume growth was 7%[9] - Carl's Shop experienced volume growth of 84%[10] Financial Position - Operating cash flow increased by DKK 2.6 billion to DKK 8.38 billion[39] - Free cash flow was DKK 7.29 billion[39] - Net Interest-Bearing Debt (NIBD) declined by DKK 1.1 billion to DKK 18.09 billion[39] Russian Operations - An impairment charge of DKK 9.6 billion was recognized in March related to the intended sale of the Russian business[28] - The net result for H1 from Russian operations was a loss of DKK 8.6 billion[28]
Carlsberg(CABGY) - 2022 Q2 - Earnings Call Presentation