Carlsberg Acquires Switzerland's Largest Brewery Feldschlösschen

Total Page:16

File Type:pdf, Size:1020Kb

Carlsberg Acquires Switzerland's Largest Brewery Feldschlösschen 28 November 2000 29/2000 12-month report as at 30 September 2000 of the Carlsberg Group Considerable progress in 12-month accounts from the Carlsberg Group · The improvement in results is greater than expected with operating profit rising to DKK 2,355m (26% up on last year when using comparable fig- ures). · The comparable change in volume is 3 per cent up on last year (beer: 41m hl (+1%) and soft drinks: 16m hl (+10%)). · For the full 15-month period of the financial year, operating profit is ex- pected to be 50 to 60 per cent up on the previous financial year (12 months) when using comparable figures. · Combio A/S, which was founded by Carlsberg A/S among others, re- ceived subordinated capital in the amount of DKK 60m from investors within the biotechnology and financial sectors. · Carlsberg A/S has acquired Feldschlösschen, the largest brewery group in Switzerland, for approx. CHF 870m (approx. DKK 4.3bn) including ex- ternal debt. Contact: President and Chief Executive Officer Flemming Lindeløv Group Managing Director Jørn P. Jensen Phone: +45 3327 3327 An information meeting for journalists and analysts will be held on Tuesday 28 November 2000, 16h00 at Carlsberg A/S, Ny Carlsberg Vej 100, Copenhagen Notice to the Copenhagen Stock Carlsberg A/S Financial statement 4:1999/2000 Exchange 28.11.2000 Page 1 of 9 HIGHLIGHTS AND KEY FIGURES for the period 1 October 1999 – 30 September 2000 Changes in the basis of accounts The accounting figures for twelve months of the present financial year are influ- enced by the fact that the companies in Malaysia and Poland are fully consoli- dated as a result of Carlsberg increasing its ownership share. Furthermore, a few Group companies which, for practical reasons, were previously included in the Group accounts with a certain time lag are now included up until 30 September 2000. The figures in brackets in the table below express the development had the basis of accounts not been changed (the comparable development). DKK million 1998/99 1999/00 Changes 12 months 12 months in % Audited Unaudited Turnover 31,285 37,934 +21 (+11) Net turnover 23,912 27,878 +17 (+7) Operating profit 1,673 2,355 +41 (+26) Special items 79 438 Profit before financials 1,752 2,793 +59 (+45) Financials -119 -190 Profit before tax 1,633 2,603 +59 (+41) Group profit 1,156 1,895 +64 (+47) Profit, Carlsberg A/S’ share 1,164 1,832 +57 (+45) Equity 11,853 12,710 Total assets 29,889 33,225 The accounting policies applied remain unchanged from the annual accounts for 1998/99. The attached appendix shows the Carlsberg Group's results divided into quarters. However, for comparison with 1998/99 please see the comments above regarding changes in the basis of accounts. The appendix also shows movements in Group equity. Comments on developments in the past 12 months The Carlsberg Group's beer and soft drink sales increased by 1 per cent and 10 per cent, respectively compared to last year. Before the changes in the basis of accounts, growth was up by a total of 3 per cent on last year. Notice to the Copenhagen Stock Carlsberg A/S Financial Statement 4:1999/2000 Exchange 28.11.2000 Page 2 of 9 The net turnover of the Carlsberg Group for the first 12 months amounted to DKK 27.9bn against DKK 23.9bn for the same period last year (+17%). The comparable increase (before changes in the basis of accounts) is 7 per cent and is mainly at- tributable to soft drink sales in Coca-Cola Nordic Beverages (CCNB), acquisitions of wholesale operations in Italy through the subsidiary Carlsberg Italia S.p.A., and positive exchange rate developments. Operating profit amounted to DKK 2,355m against DKK 1,673m last year. The comparable increase of DKK 438m (26%) covers progress in all major Group companies. The most pronounced progress was achieved by CCNB and the com- pany now contributes positively to operating profit, also before application of provi- sions in relation to start-up and running-in expenses. Within the international beer business, the most substantial progress was registered by Carlsberg-Tetley in the United Kingdom – particularly because of a favourable exchange-rate develop- ment – and by Falcon in Sweden. Satisfactory progress in earnings was also achieved in Denmark, and the effects of the restructuring projects are now be- coming evident. Total operating profit was higher than expected. Special items totalled DKK 438m and can be explained as follows: Sale of shares in Grupo Cruzcampo 354 Sale of shares in Tivoli 182 Sale of properties 41 Write-down of brewery in China -225 Net adjustment of provisions 86 438 Furthermore, DKK 247m of the total net sales price in connection with Grupo Cruzcampo has been taken directly to equity, writing back previously written-off Group goodwill. Compared to the financial statement of 30 June 2000, special items increased by DKK 10m due to a reduction in the write-down of the brewery in China. As expected, Financials showed expenditure of DKK 190m, which is the result of considerable investments in acquisitions of companies and production plant in re- cent years. In addition, the previous years were characterised by significant gains from the sale of shares and bonds. Financials includes a total of capital gains, etc. amounting to DKK 69m. Profit before tax thus totalled DKK 2,603m against DKK 1,633m last year, which is higher than expected. The period's effective tax rate of 27.2 per cent was influenced by, among other things, tax-exempt gains from sale of shares as well as non-deductible costs. During the period, the Group's provisions were reduced in line with plans. In total, the first 12 months saw disposals of DKK 837m as against DKK 1,299m last year. Notice to the Copenhagen Stock Carlsberg A/S Financial Statement 4:1999/2000 Exchange 28.11.2000 Page 3 of 9 Supplementary information: Beer consumption in Denmark shows decline although the situation seems to be stabilising. Because of the large differences in excise duties between Denmark and Germany, as much as 20 per cent of Danish beer consumption is still pur- chased south of the border and the trend is growing. In the United Kingdom, Carlsberg-Tetley achieved results above expectations. Carlsberg-Tetley continues the increased focus on the main brands Carlsberg and Tetley's as well as the restructuring programme within production, distribution, and administration. In 1995/96, Carlsberg-Tetley was granted a compensation to cover future reductions in income and additional expenses in relation to new supply agreements and pension schemes. Of this compensation, DKK 63m after tax was booked as income in the past 12 months as against DKK 141m last year. In Finland, earnings were higher than expected. Sinebrychoff increased its market share to about 42 per cent of the Finnish beer market and showed sales progress in other beverage sectors, for example for the energy drink Battery. In Sweden, the Falcon brewery registered progress in earnings and the market share for beer increased. The Asian markets are experiencing a positive trend in earnings. Conditions in the Chinese market, where Carlsberg did not make a profit, remain difficult, although results are better than expected. In August 2000, a co-operation agreement was entered into with Tsingtao Brewery in this market, which will mean substantial fu- ture annual savings, cf. below. Coca-Cola Nordic Beverages, which includes production and sale of Coca-Cola products in Denmark, Sweden, Norway, Finland and Iceland, registered increases in both sales and results compared to last year. In the 12-month period, DKK 240m after tax of the provisions was applied as against DKK 420m last year. Extraordinary General Meeting An extraordinary general meeting was held on 30 August 2000 with two proposals for amendments to the Articles of Association on the agenda: the number of Ex- ecutive Board members was reduced to 1-5 from 3-7, and the proposal to change the company's financial year to follow the calendar year was also adopted. The present financial year is extended until 31 December 2000 (15 months), and in future the financial year will follow the calendar year. Royal Scandinavia Notice to the Copenhagen Stock Carlsberg A/S Financial Statement 4:1999/2000 Exchange 28.11.2000 Page 4 of 9 As explained in the statement of 29 November 1999, the Supervisory Board of Carlsberg A/S approved a strategic plan entailing continued focus on the Group's beer and soft drink activities. Among other initiatives, it involved a decision to di- vest the majority shareholding in Royal Scandinavia A/S. Negotiations with potential buyers continue. Carlsberg A/S still expects a conclu- sion within the present year. Tivoli On 19 June 2000, the shareholding in Tivoli was sold to Skandinavisk Tobaks- kompagni A/S and Chr. Augustinus Fabrikker Aktieselskab for the total amount of DKK 308m. China As explained in the statement to the Copenhagen Stock Exchange of 9 August 2000, a co-operation agreement has been reached between the 51 per cent Carlsberg-owned Carlsberg Hong Kong Ltd. (CBHK) and the Chinese brewery China Tsingtao Brewery Co. Ltd. (Tsingtao). The agreement entails, among other things, that Tsingtao will take over a 75 per cent shareholding in Carlsberg Brewery (Shanghai) Limited (CBS), which is 95 per cent owned by CBHK and 5 per cent by a local partner. The purchase price is ap- prox. DKK 154m. The remaining 25 per cent shareholding in CBS will in due course be transferred from CBHK to Carlsberg A/S for the amount of approx.
Recommended publications
  • Department of Chemistry Annual Report 2019
    Department of Chemistry Annual Report 2019 Scan the QR-code and read more at kemi.dtu.dk DTU Technical University of Denmark Department of Chemistry Kemitorvet Building 207 DK-2800 Kgs. Lyngby kemi.dtu.dk Picture: Greg Stewart/SLAC A well-tuned Department The DTU Chemistry Management Group (left to right) Lise Peitersen, Erling H. Stenby, Jens O. Duus, Inge Holkmann Olsen, and Klaus B. Møller. Content Welcome to the DTU Chemistry Annual Report In 2019, the researchers of DTU Chemistry and we are glad to present some of these expanded by approximately 12 % to 66 new 2019 – a year characterized by innovation, were very productive. The number of researchers as seminar speakers. These students in 2019. 3 Welcome evaluation, and academic excellence. Peer-Reviewed articles (228) rose by 30 % inspiring talks are fueling new ideas at the 4 Faculty: Synergy as compared to 2018. Three very promising Department. In 2019, a record number of 26 PhD students a driving force In the fall, an international research evaluation patents were obtained and currently, we began their research at the Department 6 Recruiting enzymes for panel consisting of four international have 28 ongoing patent-cases. In addition, Significant external funding has once again while 17 graduated. It is inspiring to see how new tasks in chemistry researchers visited the Department to scruti nize several DTU Chemistry spin-out companies strengthened our research groups with productive our PhD school is. Our research our activities. The overall feedback was very are flourishing with new investments and talents from Denmark and abroad. It has also groups benefit vastly from the curiosity 8 A peek into the molecular positive.
    [Show full text]
  • Annual Report 2006 Carlsberg A/S Annual Report 2006
    Carlsberg A/S Annual Report 2006 Annual Report 2006 Management review 1 Profi le 2 CEO statement 4 Five-year summary 5 Results and expectations 7 Strategy 10 Markets 12 Western Europe 16 Baltic Beverages Holding 20 Eastern Europe excl. BBH 24 Asia 28 Other activities 30 People and management 34 Social and environmental responsibility 38 Shareholder information 42 Corporate governance 47 Risk management 49 Financial review Financial statements 57 Consolidated fi nancial statements 58 Income statement 59 Statement of recognised income and expenses for the year 60 Balance sheet 62 Statement of changes in equity 63 Cash fl ow statement 64 Notes 110 Group companies Carlsberg A/S 113 Parent Company fi nancial statements CVR No. 61056416 Ny Carlsberg Vej 100 134 Management statement DK-1760 Copenhagen V, Denmark 135 Auditor’s report Phone: +45 3327 3300 136 Board of Directors, Executive Board and Fax: +45 3327 4701 other senior executives E-mail: [email protected] www.carlsberg.com This report is provided in Danish and in English. In case of any discrepancy between the two versions, the Danish wording shall apply. Probably the best … Carlsberg is one of the world’s largest brewery groups. We have a beer for every occasion and for every palate and lifestyle. The Group’s broad portfolio of beer brands includes Carlsberg Pilsner, known as Probably the best beer in the world, and strong regional brands such as Tuborg, Baltika and Holsten. We also have a wide range of leading brands in our local markets. We operate primarily in mature markets in Western Europe but are generating an ever-growing share of revenue in selected growth markets in Eastern Europe and Asia.
    [Show full text]
  • 04Carlsberg 'Our City'
    EXPLORING CARLSBerg 04 ’OUR CIty’ 25 FantastiC INDUSTRIES SEE WWW.25FANTASTISKE.DK At the end of 2008, the Carlsberg Breweries turned off the taps at the Valby brewery, relocating production to Fredericia. From 2009 onwards Brewer Jacobsen’s Carlsberg estate, between the Vesterbro and Valby districts, will undergo radical redevelopment as a new district incorporating a wealth of listed and preservation- worthy buildings and gardens. FOLD HERE // CARLSBerg ’our cITy’ HUMLEBY SØNDERMARKEN 04 09 03 02 vaLBY LANGGADE NY CARLSBERG VEJ 05 10 07 07 GAMLE CARLSBERG VEJ 06 01 08 VESTER FÆLLED VEJ CARLSBERG JERNBANE VIGERSLEV ALLÉ NY CARLSBERGVEJ 100 1760 COPENHAGEN V FOLD HERE OLD CARLSBerg NEW CARLSBerg 03 ENTRANCE J.C. Jacobsen, master brewer, had enjoyed so much success J.C. Jacobsen’s son Carl also became a brewer. He rented The Dipylon Gate (dipylon from Greek, meaning double gate) brewing bottom-fermented beer at his father’s brewery in his father’s Annex Building (anneksbyggeriet). Soon after, he served as a portal to the New Carlsberg Brewery from the Brolæggerstræde since 1826 that by 1847 the premises had acquired Bakkegården, the neighbouring property, where he Vesterbro side. It was designed by Vilhelm Dahlerup and was become cramped and outdated. Meanwhile, Zealand’s first set about building a new brewery in 1880-81. This, among erected in 1892. Dahlerup also designed the Elephant Gate, railway was being built to connect Copenhagen with Roskilde, other things, caused the father to terminate his son’s lease which was completed in 1901. and when the railway company began laying tracks near Valby and assume sole charge of the original brewery from 1882.
    [Show full text]
  • Vesterbro Fri-Sat, 16:00-24:00
    Drejervej The black square HOTHERS PL. LYGTEN FREDERIKSSUNDSVEJ HEIMDALSGADE RÅDMANDSGADE HAMLETSGADE Titangade VIBEVEJ TAGENSVEJ GADE UNIVERSITETS Øster allé LUNDTOFTEGADE NANNASGADE MIMERSGADE Østerbrogade MIDGÅRDS BALDERSGADE ÆGIRSGADE PARKEN nørrebro FOGEDGÅRDEN JAGTVEJ station NANNASGADE HEJREVEJ Olufsvej BRAGESGADE VØLUNDSGADE SVANEVEJ FÆLLED ØRNEVEJ PARKEN MIMERSGADE HeimdalsGADE Skaterpark Den røde plads JAGTVEJ BRAGESGADE NORDRE FASANVEJ RÅDMANDSGADE HEJREVEJ The red square THORSGADE SVANEVEJ Bus: 4A LUNDTOFTEGADE BALDERSGADE FALKEVEJ FREJASGADE EDEL SAUNTES ALLÈ ASMINDERØDGADE ESROMGADE NØRREBROGADE JAGTVEJ ESROMGADE ÆGIRSGADE DAGMARSGADE MIMERSGADE Bus: 6A NØRRE ALLÉ BREGNERØDGADE FREDERIK V’S VEJ THYRASGADE OLE MAALØES VEJ RÅDMANDSGADE P. D. LØVS ALLÈ GLENTEVEJ FARUM GADE arresø gade GULDBERGS THORSGADE plads TAGENSVEJ ODINSGADE JULIANE HENRIKMARIES VEJHARPESTRENGS VEJ HILLERØDGADE ARRESØGADE GORMSGADE REFSNÆSGADE Ryesgade Krogerupgade GULDBERGSGADE HILLERØDGADE ALLERSGADE JAGTVEJ AMOR LUNDTOFTEGADE VEDBÆKGADE FENSMARKGADE TIBIRKEGADE PARK Bus: 5A TAGENSVEJ SANDBJERGGADE JAGTVEJ SJÆLLANDSGADE BLEGDAMSVEJ NORDBANEGADE THORSGADE THIT JENSENS VEJ HELGESENSGADE NØRREBRO PArKEN SØLLERØDGADE FENSMARKGADE the nørrebro park Uffesgade HOLTEGADE JAGTVEJ UDBYGADE Trepkasgade STEVNSGADE ALLÈEN JULIUS BLOMS GADE SJÆLLANDSGADE HEINESGADE Krogerupgade NØRRE ALLÉ BISPEENGBUEN EDITH RODES VEJ PRINSESSE CHARLOTTES GADE hans kirks vej HUSUMGADE GULDBERGSGADE NORDRE FASANVEJ Fyensgade STEFANSGADE GULDBERGS HAVE NÆRUMGADE BJELKES ALLÈ NØRREBROGADE
    [Show full text]
  • Reporting of the Graduate Survey
    KØBENHAVNS UNIVERSIT ET REPORTING OF THE GRADUATE SURVEY Bachelor, Academic Bachelor, Master Degree Table of contents 1 Introduction 4 2 Data 5 2.2 Background data from the study administrative system STADS 6 2.3 Reading guide 6 3 Current job situation of Master’s Candidatus/Professional Bachelor’s graduates 9 3.1 Employed Master’s Candidatus/Professional Bachelor’s graduates 9 3.2 Self-employed (including freelance) 19 3.3 Unemployed, including maternity leave without being under employment contract 24 4 Correlation between Master’s Candidatus/Professional Bachelor’s education programmes and the job market 27 4.1 Academic correlation between studies and job 27 4.2 The ability of the study programme to prepare the graduates for working life 27 5 Master’s Candidatus/Professional Bachelor’s graduates routes to their first job 34 5.1 Master’s Candidatus/Professional Bachelor’s graduates first job 34 5.2 The significance of student jobs, internships, study abroad, etc. for the first job 38 5.3 Voluntary internship or project in private or public organisations 40 5.4 Study abroad 42 5.5 Activities during the programme of study such as student politics 44 6 Master's Candidatus/Professional bachelor's assessment of the program compared with their own expectations 46 7 The Master Candidatus graduates assessment of the study programme 48 7.1 The level of teaching in relation to the entry requirements 48 7.2 Specifics about the Master's Candidatus program 50 7.3 The graduates assessment of the opportunities for study abroad, internship etc. without extensions 51 7.4 The teacher's professional and educational expertise 52 8 Bachelor's/Professional Bachelor's assessment of the study programme 53 8.1 The level of teaching in relation to the entry requirements 53 8.2 Specifics about the bachelor programme 53 8.3 The graduates assessment of the opportunities for study abroad, internship etc.
    [Show full text]
  • Years of Beer Discoveries Annual Report 2017
    Carlsberg Brewery Malaysia Berhad (9210-K) (9210-K) Berhad Malaysia Brewery Carlsberg Annual Report 2017 Annual Report YEARS OF BEER DISCOVERIES ANNUAL REPORT 2017 Carlsberg Brewery Malaysia Berhad (9210-K) No. 55, Persiaran Selangor, Section 15 40200 Shah Alam, Selangor Darul Ehsan, Malaysia Tel : +603 5522 6688 Fax : +603 5519 1931 www.carlsbergmalaysia.com.my TABLE OF CONTENTS Carlsberg Malaysia Group at a Glance 2 Financial Statements..........................................................................93 Chairman’s Address 4 Carlsberg Malaysia’s Sales Offices 176 Our Portfolio of Brands 6 Particulars of Group Properties 177 2017 Brand Highlights 8 Analysis of Shareholdings 178 Managing Director’s Message and Material Contracts 180 Management Discussion and Analysis 24 List of Recurrent Related Party Transactions 181 Sustainability Statement 38 Notice of Annual General Meeting 183 Management Team 64 Statement Accompanying Notice of Profile of Management Team 66 Annual General Meeting 188 Profile of the Directors 68 Corporate Governance Overview Statement 72 Form of Proxy Statement on Risk Management & Corporate Information Internal Control 85 Audit & Risk Management Committee Report 89 Responsibility Statement by the Board of Directors 92 Year 2017 marked Probably The Best 170th Anniversary Celebration for Carlsberg in beer discoveries. For 170 years, we have been brewing for a better today and tomorrow and here at Carlsberg Malaysia Group, we continue to pursue perfection every day by perfecting the art of brewing, giving consumers
    [Show full text]
  • Annual Report 2004 1 Profi Le 2 CEO Statement 4 Key fi Gures and fi Nancial Ratios, 5 Years
    Annual Report 2004 1 Profi le 2 CEO statement 4 Key fi gures and fi nancial ratios, 5 years 8 Management review 24 Shareholder information 27 Corporate Governance 28 The Carlsberg Foundation 30 Corporate social responsibility 32 Environment 36 Financial review 42 Adoption of IFRS 46 Risk management 50 Accounting policies 55 Income statement 56 Balance sheet 58 Movements in capital and reserves 60 Cash fl ow statement 61 Notes 78 Group companies 80 Management statement 81 Auditors’ report 82 Board of Directors and Executive Board Carlsberg Pilsner – a 100-year-old brand 2004 marked the 100th anniversary of the fi rst Carlsberg Pilsner being bottled at the Carlsberg brewery in Copenhagen and the distribution of the new brand in the brewery’s own drays. The brewery thus gained control of deliveries of a beer with a light and fresh taste, a clear, bright colour, a fi ne white head and – not least – a stable and high quality. The new beer was given a new oval label. It was green with a white edge and featured the distinctive Carlsberg logo designed by the architect Thorvald Bindesbøll on the occasion of the brewery’s 50th anniversary in 1897. Carlsberg A/S Carlsberg Pilsner was embraced by consumers. Today, its distribution CVR No. 61056416 covers most of the world and Carlsberg is the fastest growing international Ny Carlsberg Vej 100 brand and … Probably the best beer in the world. DK-1760 Copenhagen V, Denmark Phone: +45 3327 3300 Fax: +45 3327 4701 This report is provided in Danish and English. E-mail: [email protected] In case of any discrepancy between the two versions, the Danish wording shall apply.
    [Show full text]
  • National Reports 2016 - 2018
    CONGRESSO XVII - CHILE NATIONAL REPORTS 2016 - 2018 EDITED BY JAMES DOUET TICCIH National Reports 2016-2018 National Reports on Industrial Heritage Presented on the Occasion of the XVII International TICCIH Congress Santiago de Chile, Chile Industrial Heritage: Understanding the Past, Making the Future Sustainable 13 and 14 September 2018 Edited by James Douet THE INTERNATIONAL COMMITTEE FOR THE CONSERVATION OF INDUSTRIAL HERITAGE TICCIH Congress 2018 National Reports The International Committee for the Conservation of the Indus- trial Heritage is the world organization for industrial heritage. Its goals are to promote international cooperation in preserving, conserving, investigating, documenting, researching, interpreting, and advancing education of the industrial heritage. Editor: James Douet, TICCIH Bulletin editor: [email protected] TICCIH President: Professor Patrick Martin, Professor of Archae- ology Michigan Technological University, Houghton, MI 49931, USA: [email protected] Secretary: Stephen Hughes: [email protected] Congress Director: Jaime Migone Rettig [email protected] http://ticcih.org/ Design and layout: Daniel Schneider, Distributed free to members and congress participants September 2018 Opinions expressed are the authors’ and do not necessarily re- flect those of TICCIH. Photographs are by the authors unless stated otherwise. The copyright of all pictures and drawings in this book belongs to the authors. No part of this publication may be reproduced for any other purposes without authorization or permission
    [Show full text]
  • Good Practice Examples of Danish Museum Education Aimed at Primary, Lower Secondary and Upper Secondary Schools
    Good Practice Examples of Danish museum education aimed at primary, lower secondary and upper secondary schools 2 H e r i ta g e a gency of Denmark 5 Introduction 7 Preface 8 Naturama 10 The Danish Museum of Media 12 The Old Town 14 Thorvaldsens Museum 16 ARKEN Museum of Modern Art 18 The Museum of Copenhagen 20 Ringkøbing-Skjern Museum 22 Museum of Electricity 24 The Museum of South West Zealand / Trelleborg Viking Fortress 26 The Museum of Art Køge Sketch Collection 28 The Danish Museum of Art & Design 31 www.museumsundervisning.dk 33 www. e-museum.dk The teaching activities at Danish museums are cross-disciplinary and problem-orientated and encompass a great variety of learning styles, characterised by a high academic level and social involvement. Introduction This publication shows examples of Danish museums' educational offers for primary through In the course of the to upper secondary schools and of how the museums collaborate with educational institutions. teaching, pupils are By means of 11 examples from museums of cultural history, art and natural history across the activated as they collect country, the Heritage Agency of Denmark wishes to focus attention on the museums’ learning their own information potential. for further work. Naturama, 2008 The museums’ areas of responsibility and research within cultural and natural heritage corre- spond to the primary, lower secondary and upper secondary schools’ core areas. The teaching activities at the museums are cross-disciplinary and problem-orientated and encompass a great variety of learning styles, characterised by a high academic level and social involvement.
    [Show full text]
  • IR Corporate Presentation Agenda
    2016 2017 edition will be available no later than 10 March 2017 IR Corporate presentation Agenda Group overview & history Strategy & Funding the Journey Our brands Financial performance 2016 Outlook Our regions • Western Europe • Eastern Europe • Asia Financial policy & leverage Sustainability Share data Find out more … Disclaimer The Carlsberg Group No. 4 largest international brewer 140 beer brands No. 1 in Eastern Europe No. 2 in Western Europe 120.3 m.hl. of beer sold in 2015 7.5bn Free cash flow (DKK) in 2015 3 Group ownership structure Carlsberg Free Foundation float 30% of capital 70% of capital 75% of votes 25% of votes Carlsberg A/S Listed on Nasdaq OMX Copenhagen 100% Carlsberg Breweries A/S Operating companies 4 Founded in 1847 on a passion for beer, science and art 1847 JC Jacobsen founds the Carlsberg Brewery on a hill outside of Copenhagen 1868 Carlsberg has international ambitions from the beginning and exports its first barrel of beer to Scotland JC Jacobsen has great ambitions for his brewery and to make sure his beer is brewed to the highest scientific standards he establishes the in 1868 Carlsberg Laboratory. 1882 JC’s son Carl Jacobsen builds his own brewery next to his father’s and calls it ”New Carlsberg”. 1904 The famous Carlsberg logo is designed by architect Thorvald Bindesbøll. This logo Carl Jacobsen has a great passion for art and architecture and creates is still used today. many spectacular buildings for his brewery. One of these is the impressive Elephant Gate welcoming visitors to his brewery. 5 Three regions
    [Show full text]
  • Annual Report 2003 the fi Nancial Year 2003 Proved a Diffi Cult Year in Respect of Developments in Markets and Currencies
    Annual Report 2003 The fi nancial year 2003 proved a diffi cult year in respect of developments in markets and currencies. Nevertheless, Carlsberg managed to improve profi t- ability in local currencies and to increase the sale of Carlsberg beer by more than 7%. A BRIEF PRESENTATION Apart from a 60% (2003) stake in Carlsberg Breweries, was established, the activities of the Carlsberg Carlsberg A/S, the Carlsberg Group, comprises the Research Center continued under Carlsberg Carlsberg Research Center, Carlsberg Properties as well as the administration of the Carlsberg Bequest to the Memory A/S. In addition to extensive basic research, of Brewer J. C. Jacobsen and the Tuborg Foundation. brewing related research is conducted into enzyme chemistry, protein chemistry, Carlsberg Breweries carbohydrate chemistry, plant breeding and Carlsberg Breweries A/S is one of the world’s genetics as well as the malting, brewing and major international brewing operations, and fermentation processes. In addition, process Carlsberg and Tuborg are two of the most widely and product development takes place at sold beer brands on a global scale. Carlsberg Carlsberg Breweries. Breweries was established in 2001. Carlsberg Breweries comprises, among Carlsberg A/S others, Carlsberg Bryggerierne (1847),Tuborgs Carlsberg A/S is a company publicly quoted on Bryggerier (1873), Pripps (1828) and Ringnes the Copenhagen Stock Exchange with some (1877) — as well as a number of subsidiaries 16,500 registered shareholders. The largest and associated companies, the majority of single shareholder by far is the Carlsberg which are situated outside the Nordic region. Foundation, which is required by its charter to Carlsberg Breweries has a total workforce of hold a minimum of 51% of the shares in approximately 31,500 people, if all associated Carlsberg A/S.
    [Show full text]
  • HK It, Medie & Industri Hovedstaden
    GRAFISK HK it, medie & industri Hovedstaden LØNSTATISTIK 2014 LØNSTATISTIK GRAFISK København, januar 2015 Lønstatistik 2014 Tak til alle medlemmer, som har bidra- lønstatistikken en meget høj troværdig- der er beskæftiget inden for kontor, it get til årets lønstatistik. Ved at afgive hed og gør den til et meget anvendeligt og salg. Med denne opdeling får du/I det jeres lønoplysninger hjælper I også jeres redskab, når der skal forhandles løn ude stærkeste og mest relevante værktøj til kolleger, og det er jeres skyld, at HK it, på arbejdspladserne. Statistikken er også lønforhandlingerne. medie & industri Hovedstaden igen i år en god hjælp i forbindelse med jobsøg- kan præsentere en lønstatistik, som ud- ning, og når der skal forhandles lønvilkår HK it, medie & industri Hovedstaden ar- mærker sig ved at have landets højeste i forbindelse med en ansættelsessamtale. rangerer lønforhandlingskurser for både besvarelsesprocent. enkeltmedlemmer og arbejdspladsklub- I 2014 steg forbrugerprisindekset ifølge ber, og du er altid velkommen til at få Mange medlemmer har heldigvis selv Danmarks Statistik kun med 0,6 procent. et løntjek i fagforeningen. Kontakt faglig indberettet deres løn, men når vi hvert I den samme periode har den gennem- afdeling på tlf. 3330 2945 eller send en år skiller os ud ved at have en markant snitlige lønudvikling blandt HK it, me- mail til [email protected]. højere svarprocent end øvrige HK-afde- die & industri Hovedstadens medlemmer linger, skyldes det ikke mindst en stor været 2,0 procent, og dermed har rigtigt Held og lykke med lønforhandlingerne! indsats fra såvel medarbejdere som be- mange af vores medlemmer haft en bety- styrelsesmedlemmer og andre aktive delig reallønsfremgang.
    [Show full text]