Carlsberg(US:CABGY)2020-02-04 11:11Financial Performance - The company experienced revenue growth of 3.2% organically[6, 23] - Operating profit increased by 10.5%[6, 24] - Free cash flow reached DKK 10 billion[8, 30] - Dividends and buybacks amounted to DKK 7.2 billion[8] - Net profit increased by 23.7% to DKK 6569 million[27] - Adjusted EPS increased by 16.5% to DKK 41.0[27] Segment Performance - Core Beer organic revenue and gross brand contribution grew by 3%[10] - Craft & Speciality organic volume grew by 16%[10] - Alcohol-free brews organic volume grew by 7%[10] - Asia organic volume grew by 6%[10] - Western Europe operating margin increased by 200bp[12] - Asia revenue increased by 12.3% and operating profit increased by 23.4%[15] - Eastern Europe total volumes decreased by 5.2% and revenue decreased by 0.4%, with operating profit decreasing by 17.9%[18] Strategic Priorities and Outlook - The company reduced relative carbon emissions by 13%[11] - The company reduced relative water usage by 3%[11] - The company expects mid-single-digit percentage organic growth in operating profit for 2020[43]