Carlsberg-As-Annual-Report-2019.Pdf
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Competitive Analysis & Two-Firm Comparison Paper Carlsberg Group
Competitive Analysis & Two-Firm Comparison Paper Carlsberg Group | Sapporo Holdings Brandon Altman Professor Geraldine Wu International Studies Program: Europe Spring 2019 Word Count: 2393 – Excluding Titles 2 Table of Contents Part 1: Industry Analysis Pg. 3 Part 2: Firm Analysis Pg. 6 Part 3: Location Matters Pg. 9 References Pg. 12 ___________ Competitive Analysis & Two-Firm Comparison Paper 3 Part 1 Industry Analysis ______________________________________________________________________________ Competitive Analysis & Two-Firm Comparison Paper 4 Nature of Danish Beer Industry: The Danish beer market has proven to be an extremely attractive industry, as evidenced by the shocking increase in beer-firm numbers over the past two decades. According to Draft Mag, “at the end of the 20th century, Denmark had around a dozen breweries to its name, most conspicuously Carlsberg, one of the world’s largest brewers of industrial lager. A decade into the 21st century, the nation boasted almost 150 breweries.” This microbrewery boom brought in a large variety of craft beers that have tended to do especially well given that “the notoriously unstable Danish weather [caused] an increase in sales of craft beer due to people being driven away from the beaches and into bars or their own homes, where the consumption of craft and specialty beers is higher” (Euromonitor). On a competitive level, Denmark is a somewhat difficult market to compete in on a large scale. As stated by Euromonitor, “beer in Denmark continued to be highly consolidated with the two -
National Geographic Traveler
an APPETITE for LAOS The complexity, grace, and taste of Luang Prabang unfurl one delicious bite at a time The Nam Ou river was once a major transport route, bringing people and produce from northern Laos to Luang Prabang. By Andrew Nelson Photographs by Ewen Bell 54 NATGEOTRAVEL.COM SOMETIMES Raise a spoonful of tom kha kai, a traditional Laotian coconut chicken A PORTAL soup, to your lips, and a tantalizing perfume of lemongrass, lime, and galangal wafts upward. Its scent is ISN’T A DOOR. sublime and earthy, hot and sour. The fragrant plume comes with a peppery kick. The sensation is vivid, somehow poignant, and utterly transporting. IT’S A BOWL The memory brings a smile as I stand in a line of passengers at Luang Prabang airport, in the Lao People’s Democratic Republic. I’ve traveled OF SOUP. 9,000 miles to Southeast Asia inspired by Van Nolintha, a charismatic 32-year- old Laotian-American restaurateur in Raleigh, North Carolina, whose inventive renditions of his child- hood dishes from his native land have earned the acclaim of diners and food critics alike. Now I’ve come for a taste of the real thing. Upon leaving the airport, my first views of Laos are the Phou Thao and Phou Nang mountain ranges, which surround the ancient royal city of Luang Prabang like an embrace. The slopes are lush with trees that comb and catch the low-lying clouds. As I enter the city, a cluster of motorbikes overtakes my taxi, trailing fumes and impatience. A teenage girl, sitting sidesaddle in a Laotian silk tube skirt called a sinh, flashes past. -
Grimbergen and CARLSBERG GROUP
CLIENT STORY Grimbergen AND CARLSBERG GROUP Burned, but not destroyed. Known for the stately gold phoenix on its label, Gimbergen beer is a unique drink. An abbey beer, Grimbergen got its start almost 900 years ago at the Grimbergen Abbey, in a little village just north of Brussels. While the setting was perfectly idyllic, the abbey was destroyed by three separate fires since 1128. Undeterred by hardship, the Grimbergen Fathers rebuilt the abbey time and time again—reviving their homemade beers each time. Today, Grimbergen beer maintains its legacy of hospitality, comfort, and good taste when you want to spoil yourself after a hard day of work, while ensuring a reliable experience. A welcoming pint of Grimbergen brings people together, just like it always has. In 2008 the Carlsberg Group, established in 1847 by master brewer J.C. Jacobsen, recognized the potential of bringing Grimbergen’s amazing beer and its story to markets outside of Belgium and helped launch large scale marketing campaigns to an international audience. One of the world’s leading brewery groups, the Carlsberg Group boasts over 140 brands in its portfolio of beer and other beverage brands and is committed to producing the beverages at the heart of moments that bring people together. Right now, the Carlsberg Group has more than 40,000 employees and sells its products in more than 150 markets. As the Group likes to say, they are living their purpose of brewing for a better today and tomorrow. To build on their legacy of success and keep pace with changing markets, Grimbergen wanted to shift their energy toward becoming a lifestyle brand—showcasing the unique stories and how Grimbergen is more than a beer—it’s an experience. -
Enlarging Knowledge on Lager Beer Volatile Metabolites Using Multidimensional Gas Chromatography
foods Article Enlarging Knowledge on Lager Beer Volatile Metabolites Using Multidimensional Gas Chromatography Cátia Martins 1 , Tiago Brandão 2, Adelaide Almeida 3 and Sílvia M. Rocha 1,* 1 Departamento de Química & LAQV-REQUIMTE, Universidade de Aveiro, Campus Universitário Santiago, 3810-193 Aveiro, Portugal; [email protected] 2 Super Bock Group, Rua do Mosteiro, 4465-703 Leça do Balio, Portugal; [email protected] 3 Departamento de Biologia & CESAM, Universidade de Aveiro, Campus Universitário Santiago, 3810-193 Aveiro, Portugal; [email protected] * Correspondence: [email protected]; Tel.: +351-234-401-524 Received: 30 July 2020; Accepted: 6 September 2020; Published: 11 September 2020 Abstract: Foodomics, emergent field of metabolomics, has been applied to study food system processes, and it may be useful to understand sensorial food properties, among others, through foods metabolites profiling. Thus, as beer volatile components represent the major contributors for beer overall and peculiar aroma properties, this work intends to perform an in-depth profiling of lager beer volatile metabolites and to generate new data that may contribute for molecules’ identification, by using multidimensional gas chromatography. A set of lager beers were used as case-study, and 329 volatile metabolites were determined, distributed over 8 chemical families: acids, alcohols, esters, monoterpenic compounds, norisoprenoids, sesquiterpenic compounds, sulfur compounds, and volatile phenols. From these, 96 compounds are reported for the first time in the lager beer volatile composition. Around half of them were common to all beers under study. Clustering analysis allowed a beer typing according to production system: macro- and microbrewer beers. Monoterpenic and sesquiterpenic compounds were the chemical families that showed wide range of chemical structures, which may contribute for the samples’ peculiar aroma characteristics. -
Carlsberg A/S Q3 2020 Trading Statement Conference Call
Carlsberg A/S Q3 2020 Trading Statement Conference Call 28 October 2020 PARTICIPANTS Corporate Participants Cees ’t Hart – Chief Executive Officer, Carlsberg A/S Heine Dalsgaard – Chief Financial Officer, Carlsberg A/S Other Participants Simon Hales – Analyst, Citigroup Global Markets Ltd. Jonas Guldborg Hansen – Analyst, Danske Bank Trevor Stirling – Analyst, Sanford C. Bernstein Ltd. Søren Samsøe – Analyst, SEB Enskilda (Denmark) Laurence Whyatt – Analyst, Barclays Capital Securities Ltd. Tristan van Strien – Analyst, Redburn (Europe) Ltd. Fintan Ryan – Analyst, JPMorgan Pinar Ergun – Analyst, Morgan Stanley MANAGEMENT DISCUSSION SECTION Cees ’t Hart, Chief Executive Officer, Carlsberg A/S Good morning, everybody, and welcome to Carlsberg’s Q3 2020 conference call. My name is Cees ’t Hart and I have with me, CFO, Heine Dalsgaard; and Vice President of Investor Relations, Peter Kondrup. I hope you and your families are all safe and well and that you’re all getting through these challenging times. As you probably noticed, we issued our Q3 announcement, including an upgrade of our full-year earnings expectation, already last night. The upgrade is done in light of strong performance in Q3, positive volume development in Russia and China at the beginning of Q4, solid execution of cost reduction; and this, despite the current uncertainty in rest of Europe. We are, of course, very pleased with the new outlook. As said at previous quarters this year, however, the pandemic is having a significant impact on our business. We continue to take steps to protect our people, support our communities and protect the commercial and financial health of the Group, both in short and long-term. -
Vientiane FOOD GUIDE
ASIA FOODD GUIDE:: LAO PPDRD Vientiane THE LOCALS MUST KNOW LAO PDR | 1 INTRODUCTION Welcome to Asia! We are as passionate about food as we are with the law. And no one knows local food better than those who walk the ground. In our Rajah & Tann Asia Food Guide series, our lawyers are delighted to share with you their favourite dishes in the heart of the cities where we operate and give you a taste of the delightful food the region has to offer. We bring you to savour the most authentic Asian food including under- the-radar eateries that only locals will frequent. This is our home ground, our advantage. LAO PDR | 3 Lao PDR 1. SAI AUA Laotian cuisine is extremely “This Lao pork flavourful and is influenced by sausage is a delicious geographical proximity and combination of pork, chilli, lemongrass, kaffir history. Laos offers more than leaves and shallots 3,000 traditional rice varieties – prepared with a blend of spices and local herbs." for example, sticky rice is a staple food in lowland Laos. In Laos, it is also common to find the local food flavoured with galangal, lemongrass LEE Hock Chye Managing Partner and Lao fish sauce. Rajah & Tann (Laos) 2. KOI PA KERG A pleasing feature found in Laotian Try it at: “This Mekong fish is cooked and cuisine is the fresh raw vegetables Khua Mae Ban mixed with spice, chillies, onions, and herbs often served on the side Hom 4, Ban Phonsawang, and local Lao herbs. The unique Vientiane recipe is perfected at Soukvimarn with other dishes. -
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. -
How Fashion Luxury Brands Communities Express Negativity: a Netnographic Approach
MASTER IN ECONOMICS AND BUSINESS ADMINISTRATION How Fashion Luxury Brands Communities Express Negativity: A Netnographic Approach Mafalda Jacques dos Santos Barata M 2020 HOW FASHION LUXURY BRANDS COMMUNITIES EXPRESS NEGATIVITY: A NETNOGRAPHIC APPROACH Mafalda Jacques dos Santos Barata Dissertation Master in Economics and Business Administration Supervised by: Amélia Maria Pinto da Cunha Brandão, PhD 2020 Bibliographic Note Mafalda Jacques dos Santos Barata was born on 15th July of 1995 in Porto, Portugal. In 2013 she enrolled in the Management course in Católica Porto Business School. In September 2015 she moved to Amsterdam to experience tu study during fall semester at HvA - Hogeschool Van Amsterdam (University of Applied Sciences). The six months she spent abroad were crucial for her personal growth as well as for her academic expansion, given that HvA promotes both experimental and theoretical education. The biggest challenge at a academic level was learning of SAP’s software functionalities within a fictional company inside the university, which gave her tangible insights about working in a company. In January 2017 she concluded her bachelor degree with an average grade of fourteen out of twenty, with the intention to enroll in a master’s degree in September of that year. During that period, she got an internship in the Super Bock Group in marketing department. For three months she participated in the internationalization of their products to Spain. By September 2017 she had enrolled in the Master’s in Economics and Business Administration at FEP School of Economics and Management, with the aim to expand her knowledge in the management field as well as learning about economics. -
Gtlc2001.Pdf
The Baltic region has a population of 7.6 million and is at the verge Estonia: Liivalaia 8, 15040 Tallinn of accession to the European Union. Here the market grows quicker Phone: +372 6 131355 than almost no other market in the world. Located at the crossroads Fax: +372 6 131545 E-mail: [email protected] of historical trade routes, the region is showing constant progress in www.hansa.ee every aspect of development economic, social, educational and financial. Latvia: Kalku street 26, LV-1050 Riga Phone: +371 7 024154 Hansabank Markets leads the equity market in Fax: +371 7 024400 E-mail: [email protected] Estonia, Latvia and Lithuania with market share www.hbl.lv exceeding 40%. We offer our clients the finest know- Lithuania: how of the area, best research house of the Baltic Gedimino ave 26, LT-2600 Vilnius region by Euromoney, integrated and plugged-in Phone: +370 2 390638 Fax: +370 2 390641 distribution channels and flexibility derived from our E-mail: [email protected] expertise and commitment. Hansabank Markets www.hansabank.lt grows the business through developing Baltic financial markets. Hansabank Markets. Professional choices for professional people. LITHUANIAN COMPANIES NACIONALINË VERTYBINIØ P0PIERIØ BIRÞA Guide to Listed Companies 2001 published by the National Stock Exchange of Lithuania Tel. (+370 2) 72 14 07, 72 15 42, fax (+370 2) 72 48 94 http://www.nse.lt Guide to Listed Companies Editors 2000 Simona Baèkienë Juozas Brigmanas Tomas Kliuèius Jûratë Lauciûtë Agnë Maslauskaitë Arminta Saladþienë Lina Semënaitë Diana Sokolova Design director Gediminas Minderis Assisting in the editorial work Gediminas Balnis Daiva Grigusevièiûtë ISSN 1648-2980 2 LITHUANIAN COMPANIES NATIONAL STOCK EXCHANGE OF LITHUANIA Dear Reader, We are delighted to introduce the fifth edition of the annual publication GUIDE TO LISTED COMPANIES issued by the National Stock Exchange of Lithuania. -
Carlsberg Annual Report Market Overview
Carlsberg Annual Report Market overview 2 1 Our markets Denmark Norway Sweden Finland Poland Germany The Baltic StatesUnited KingdomFrance Switzerland Italy Greece Population (millions) 5.5 5.0 9.4 5.4 38.1 81.4 6.9 62.6 63.2 7.8 60.6 11.2 10.7 19.3 142.4 45.6 16.5 28.6 9.4 9.1 28.7 5.3 7. 2 1,348.1 89.3 6.6 14.4 28.5 1,206.9 Est. GDP/capita PPP (USD) 37,742 53,376 40,614 36,723 20,137 37,936 17,95 8 4 35,974 35,049 43,509 30,166 27,6 24 23,204 13,740 4 16,687 7,19 9 13,060 3,294 14,948 10,217 15,579 59,937 49,342 8,394 3,355 2,659 2,286 1,328 3,703 Est. real GDP growth (%) 1.5 1.7 4.4 3.5 3.8 2.7 4-6.6 1.1 1.7 2.2 0.6 -5.0 -2.2 0.8-2.5 4.3 4.7 6.5 7.1 5.0 0.2 5.2 5.3 6.0 9.5 5.8 8.3 6.7 3.5 7.8 Inflation, avg. consumer prices (%) 3.2 1.7 3.0 3.1 4.0 2.2 4.2-5.1 4.5 2.1 0.7 2.6 2.9 3.4 3.2-11.3 8.9 9.3 8.9 13.1 41.0 9.3 3.2 3.7 5.5 5.5 18.8 8.7 6.4 9.5 10.6 Est. -
Relatório De Atividades E Gestão Fundação Centro Cultural De Belém
2018 Fundação Relatório Centro Cultural de Atividades de Belém e Gestão Fundação Relatório Centro Cultural de Atividades de Belém e Gestão Mensagem 1 do Presidente 007 A Atividade da Fundação em Números 2 Principais Indicadores 013 3.1 Artes Performativas 029 Uma Programação 3.2 Fábrica das Artes 035 3 Diversificada 3.3 Literatura e Pensamento 037 3.4 Garagem Sul – Exposições de Arquitetura 045 Atividade 4.1 Lojas 051 Comercial 4.2 Eventos 051 4 4.3 Restauração e catering 053 5.1 Relação com os media e presença nas redes sociais 057 Comunicação 5.2 Imagem e nova edições 057 e Marketing 5.3 Amigos, mecenas e parcerias institucionais 058 5 5.4 058 Relação com os públicos 6.1 Projetos e obras 065 O Edifício, as Instalações 6.2 Manutenção e gestão técnica 067 6 e os Equipamentos 6.3 Ambiente, qualidade e acessibilidades 067 6.4 Tecnologias de informação e comunicação 068 6.5 Segurança 069 Recursos 7 Humanos 071 Resultados Económicos 079 8 e Financeiros Demonstrações finançeiras e anexo 091 Anexos Demonstração orçamentais e anexo 122 + Relatório de Auditoria 137 Relatório e Parecer do Conselho Fiscal 141 Declarações previstas no art.º 15.º da Lei n.º 22/2015 de 17 de março 145 Relatório de Atividades e Gestão 2018 007 Mensagem do Presidente A Administração da FCCB assumiu funções vi) O desenvolvimento de uma estratégia a 15 de março de 2016, num cenário de mudança, de comunicação nos media, nas redes sociais com o objetivo claramente definido, na Resolução e junto dos públicos, capaz de reforçar do Conselho de Ministros n.º 9 de 2016, o seu posicionamento estratégico enquanto de recentrar “a missão e o papel daquele lugar de fruição cultural, enquanto lugar equipamento cultural (CCB) no quadro da contemporaneidade, e enquanto “Cidade da sua intervenção prioritária”. -
Lao Population
LAOS Capital: Vientiane Language: Lao Population: 6.6 million Time Zone: EST plus 11 hours Currency: Kip (LAK) Electricity: 230V/50H Fun Facts ● Laos, particularly Luang Prabang, is considered the “culinary jewel” of southern Asia. Cooks traditionally don't waste any of their resources, but they make the absolute most of local fare. ● According to legend, the Buddha smiled when he rested in what is now Luang Prabang for a day during his travels, prophesying that it would one day be the site of a rich and powerful capital city. ● Bikes and motorbikes are some of the most common vehicles in Luang Prabang. In fact, it is not uncommon to see a parent with two or three kids all piled on a motorbike – it’s the family station wagon. ● Laos’ most famous product is Beerlao. It is regarded as one of the best beers in Asia grown from jasmine rice and hops imported from Germany. Laos is a jewel of Asia – sacred and spiritual. It has a long history of turmoil, having suffered hundreds of years of attack, war, dependence on other nations, and oppression from foreign governments. But with this arduous history behind them, Laos has blossomed into one of the most beautiful and culturally fulfilling countries in Asia. Much of Laos is farming countryside and thickly forested mountains, but the prominent Mekong River flows directly through its heart – right through Luang Prabang. Luang Prabang is not the heart of Laos because it sits directly in the center of the country, but because it is a spiritual beacon among Asian nations, capturing the essence of its enduring Buddhist beliefs and the overwhelming humanity of its people.