Carlsberg Group Announces the Collaboration with Ringnes and Brooklyn Brewery
Apr 27 15
Carlsberg Group announced a new collaboration between Carlsberg Group company, Ringnes, in Norway, and the renowned Brooklyn Brewery of New York. The collaboration will see a new brewery with pub, restaurant, conference facilities and visitor center established at the existing Ringnes E.C. Dahls brewery site in Trondheim, Norway. The brewery will produce both popular local Dahls beer, as well as new craft beers that take inspiration from both Norwegian and US craft brewing traditions. The brewery will welcome beer and food enthusiasts from around the world and become a laboratory for new ideas and experimentation. E.C. Dahls will have a top-class restaurant operated by local restaurateur Roar Hildonen.
Carlsberg A/S Approves Dividend
Mar 26 15
Carlsberg A/S approved, at the company's AGM held on March 26, 2015, dividend of DKK 9.00 per share.
Carlsberg A/S Announces Audited Consolidated Earnings Results for the Fourth Quarter and Full Year and Parent Earnings Results for the Full Year Ended December 31, 2014; Provides Earnings Guidance for the Fiscal 2015
Mar 2 15
Carlsberg A/S announced audited consolidated earnings results for the fourth quarter and full year and parent earnings results for the full year ended December 31, 2014. For the year, the company reported net revenue was DKK 64,506 million against DKK 64,350 million a year ago. Operating profit before special items was DKK 9,230 million against DKK 9,723 million a year ago. Profit before tax was DKK 6,686 million against DKK 7,782 million a year ago. Profit attributable to shareholders of the company was DKK 4,414 million against DKK 5,471 million a year ago. Profit attributable to shareholders of the company, adjusted was DKK 5,496 million against DKK 5,772 million a year ago. Earnings per diluted share were DKK 28.8 million against DKK 35.7 million a year ago. Earnings per share were, adjusted DKK 36.0 million against DKK 37.8 million a year ago. Interest-bearing debt, net was DKK 36,567 million against DKK 34,610 million a year ago. Cash flow from operating activities was DKK 7,405 million against DKK 8,142 million a year ago. Cash flow from operating activities per share was DKK 48.4 against DKK 53.4 million a year ago. Acquisition and disposal of property, plant and equipment, net was DKK 4,828 million against DKK 4,522 million a year ago. Operating profit before depreciation and amortisation was DKK 13,338 million against DKK 13,592 million in 2013.
For the quarter, the company reported total revenue was DKK 14,328 million against DKK 15,169 million a year ago. Operating profit before special items was DKK 1,786 million against DKK 2,304 million a year ago. Profit before tax was DKK 473 million against DKK 1,584 million a year ago. Profit attributable to shareholders of the company was DKK 168 million against DKK 1,127 million a year ago.
For the year, the parent company reported operating loss before special items was DKK 123 million against DKK 157 million a year ago. Profit before tax was DKK 972 million against DKK 742 million a year ago. Profit attributable to dividend to shareholders was DKK 1,373 million against DKK 1,200 million a year ago. Profit for the year was DKK 1,104 million against DKK 785 million a year ago. Cash used in operating activities was DKK 43 million against DKK 255 million a year ago. Acquisition of property, plant and equipment and intangible assets was DKK 11 million against DKK 24 million a year ago.
The company announced operating profit to grow organically by mid- to high-single-digit percentages. Operating profit impact of increase or decrease DKK 200 million. As part of the intensified focus on ROIC, capital expenditures will be approximately DKK 4 billion in 2015 (around index 90 to expected depreciation), a reduction of approximately 30% compared with 2014. Net debt to EBITDA is expected to be less than 2.5 end of 2015. The tax rate is expected to increase to approximately 28%, mainly because the Russian business, where the corporate tax rate is below group average, will decline in importance.