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ZERO WATER WASTE
ZERO WATER WASTE IN ACTION. Brewed and bottled in central Vietnam for 30 years, our popular Huda brand is deeply rooted in its local communities. In 2020, the brewery put our commitment to safeguard shared water resources into action – bringing clean water at the turn of a tap to almost 20,000 people. We partnered with localauthorities to
PRODUCTS » TETLEY'S » TETLEY'S ORIGINAL « CARLSBERG GROUP Tetley's Original is an amber bitter ale, which has sweet toffee apple flavours balanced with distinctly bitter dry flavours and a lingering dry bitter finish. Para. Tetley's was established in 1822, by an ambitious young man called Joshua Tetley. With his experience in the family malting business and the belief in its motto ‘Quality Pays’, Joshua Tetley took advantage of the lack of LABOUR & HUMAN RIGHTS POLICY Labour & Human Rights Policy 4 6.5. In the event of major layoffs, the Carlsberg Group must, as a minimum, satisfy applicable laws andindustry standards.
PRODUCTS » TOURTEL TWIST » TOURTEL TWIST LEMON « CARLSBERG Tourtel Twist Lemon is a refreshing, nonalcoholic aromatised beer with lemon juice. It has mild sparkes and a pale head. The aroma is intense and dominated by lemons. The taste is mainly lemon with a zest of lime and a hint of malt. Juicy, fizzy and refreshing without any noticeablebitterness.
ENVIRONMENTAL POLICY Environmental Policy 4 6. PACKAGING 6.1. The Carlsberg Group continuously works with partners to reduce consumption of packaging materials and to promote their reuse and HEALTH & SAFETY POLICY Health & Safety 4Policy 6. EMERGENCY PLANNING AND RESPONSE 6.1. Emergency response procedures must be established, maintained and tested annually at all Carlsberg Group sites. BEGINS - CARLSBERG GROUP 10 • Fully leverage unique national brewery footprint and route-to- market set-up • Optimise efficiency of supply chain • Deliver a full portfolio of national leading brands, supplemented by strong regional offerings • Capitalize on and drive category in growing modern trade Eastern Europe has been and remains an important contributor to earnings DIVERSITY & INCLUSION POLICY into consideration the benefits of diversity, in terms of work experience, culture, international experience, age, and gender. Hence,diversity is a high
PRODUCTS « CARLSBERG GROUP Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. JACOBSEN ORIGINAL DARK LAGER Jacobsen Original Dark Lager is brewed on the oldest recipe in the Carlsberg archives - JC Jacobsen’s original recipe of 1854. To re-create the original recipe, the Jacobsen Brewhouse focused on one of the key ingredients in beer - water. Water highly influences the taste of beer and by analysing the water used in Jacobsen’s time, an exact copy of his original ingredient was created byZERO WATER WASTE
ZERO WATER WASTE IN ACTION. Brewed and bottled in central Vietnam for 30 years, our popular Huda brand is deeply rooted in its local communities. In 2020, the brewery put our commitment to safeguard shared water resources into action – bringing clean water at the turn of a tap to almost 20,000 people. We partnered with localauthorities to
PRODUCTS » TETLEY'S » TETLEY'S ORIGINAL « CARLSBERG GROUP Tetley's Original is an amber bitter ale, which has sweet toffee apple flavours balanced with distinctly bitter dry flavours and a lingering dry bitter finish. Para. Tetley's was established in 1822, by an ambitious young man called Joshua Tetley. With his experience in the family malting business and the belief in its motto ‘Quality Pays’, Joshua Tetley took advantage of the lack of LABOUR & HUMAN RIGHTS POLICY Labour & Human Rights Policy 4 6.5. In the event of major layoffs, the Carlsberg Group must, as a minimum, satisfy applicable laws andindustry standards.
PRODUCTS » TOURTEL TWIST » TOURTEL TWIST LEMON « CARLSBERG Tourtel Twist Lemon is a refreshing, nonalcoholic aromatised beer with lemon juice. It has mild sparkes and a pale head. The aroma is intense and dominated by lemons. The taste is mainly lemon with a zest of lime and a hint of malt. Juicy, fizzy and refreshing without any noticeablebitterness.
ENVIRONMENTAL POLICY Environmental Policy 4 6. PACKAGING 6.1. The Carlsberg Group continuously works with partners to reduce consumption of packaging materials and to promote their reuse and HEALTH & SAFETY POLICY Health & Safety 4Policy 6. EMERGENCY PLANNING AND RESPONSE 6.1. Emergency response procedures must be established, maintained and tested annually at all Carlsberg Group sites. BEGINS - CARLSBERG GROUP 10 • Fully leverage unique national brewery footprint and route-to- market set-up • Optimise efficiency of supply chain • Deliver a full portfolio of national leading brands, supplemented by strong regional offerings • Capitalize on and drive category in growing modern trade Eastern Europe has been and remains an important contributor to earnings DIVERSITY & INCLUSION POLICY into consideration the benefits of diversity, in terms of work experience, culture, international experience, age, and gender. Hence,diversity is a high
CARLSBERG GROUP
Carlsberg Group. Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. More than 40,000 people work for Carlsberg Group, and our products are sold in more than 150 markets. PRODUCTS « CARLSBERG GROUP Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. PRODUCTS » VALAISANNE » BLONDE 25 « CARLSBERG GROUP Among Valaisan beer connoisseurs Blonde 25 already has cult status. Why? Because it tastes pleasantly light and fresh – and you can feel the distinctive passion for good, true brewery art. In the small bottle you can find a full serving of enjoyment. Harmonious, light yellow, quaffable: with this beer one not only enjoys to toast inValais.
PRODUCTS » 1664 » 1664 FRUITS ROUGES « CARLSBERG GROUP 1664 Fruits Rouges invites you to discover the perfect balance between the freshness of wheat beer and the fruity, sweet notes of red berries: raspberry and elderberry. The beer has a bright ruby red colour, a promise of an intense flavour. NEWSROOM » Q1 2021 TRADING STATEMENT « CARLSBERG GROUP 2021 EARNINGS EXPECTATIONS. Uncertainty remains high. However, in light of the good start to the year, we raise the bottom end of the range in our earnings expectations for 2021: • Organic growth in operating profit within the range of 5-10% (previously 3-10%). • A translation impact of around DKK -250m is assumed for 2021 based onthe spot
PRODUCTS » TETLEY'S » TETLEY'S ORIGINAL « CARLSBERG GROUP Tetley's Original is an amber bitter ale, which has sweet toffee apple flavours balanced with distinctly bitter dry flavours and a lingering dry bitter finish. Para. Tetley's was established in 1822, by an ambitious young man called Joshua Tetley. With his experience in the family malting business and the belief in its motto ‘Quality Pays’, Joshua Tetley took advantage of the lack of PRODUCTS » SOMERSBY » SOMERSBY MANGO & LIME « CARLSBERG GROUP Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. PRODUCTS » HÜRLIMANN » HÜRLIMANN LAGER « CARLSBERG GROUP Hürlimann Lager Beer is one of Feldschlösschen's classics. This harmonious lager beer with light bitterness and slightly fruity aroma spoils nose and palate. The full-bodied Hürlimann Lager Beer is said to be a favourite among beer connoisseurs. 2020 FINANCIAL STATEMENT Carlsberg A/S Tel 1799 Copenhagen V 1 J.C. Jacobsens Gade CVR.no. 61056416 +45 3327 3300 contact@carlsberg.com www.carlsberggroup.com LEI 5299001O0WJQYB5GYZ19 CHANGES TO THE EXECUTIVE COMMITTEE OF CARLSBERG GROUP (1) Phil Hodges joined Carlsberg Group and the Executive Committee in February 2017, with more than 30 years senior executive experience in supply chain and finance including at SAB Miller and Mondélez. PRODUCTS « CARLSBERG GROUP Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. JACOBSEN ORIGINAL DARK LAGER Jacobsen Original Dark Lager is brewed on the oldest recipe in the Carlsberg archives - JC Jacobsen’s original recipe of 1854. To re-create the original recipe, the Jacobsen Brewhouse focused on one of the key ingredients in beer - water. Water highly influences the taste of beer and by analysing the water used in Jacobsen’s time, an exact copy of his original ingredient was created byZERO WATER WASTE
ZERO WATER WASTE IN ACTION. Brewed and bottled in central Vietnam for 30 years, our popular Huda brand is deeply rooted in its local communities. In 2020, the brewery put our commitment to safeguard shared water resources into action – bringing clean water at the turn of a tap to almost 20,000 people. We partnered with localauthorities to
PRODUCTS » TETLEY'S » TETLEY'S ORIGINAL « CARLSBERG GROUP Tetley's Original is an amber bitter ale, which has sweet toffee apple flavours balanced with distinctly bitter dry flavours and a lingering dry bitter finish. Para. Tetley's was established in 1822, by an ambitious young man called Joshua Tetley. With his experience in the family malting business and the belief in its motto ‘Quality Pays’, Joshua Tetley took advantage of the lack of LABOUR & HUMAN RIGHTS POLICY Labour & Human Rights Policy 4 6.5. In the event of major layoffs, the Carlsberg Group must, as a minimum, satisfy applicable laws andindustry standards.
PRODUCTS » TOURTEL TWIST » TOURTEL TWIST LEMON « CARLSBERG Tourtel Twist Lemon is a refreshing, nonalcoholic aromatised beer with lemon juice. It has mild sparkes and a pale head. The aroma is intense and dominated by lemons. The taste is mainly lemon with a zest of lime and a hint of malt. Juicy, fizzy and refreshing without any noticeablebitterness.
ENVIRONMENTAL POLICY Environmental Policy 4 6. PACKAGING 6.1. The Carlsberg Group continuously works with partners to reduce consumption of packaging materials and to promote their reuse and HEALTH & SAFETY POLICY Health & Safety 4Policy 6. EMERGENCY PLANNING AND RESPONSE 6.1. Emergency response procedures must be established, maintained and tested annually at all Carlsberg Group sites. BEGINS - CARLSBERG GROUP 10 • Fully leverage unique national brewery footprint and route-to- market set-up • Optimise efficiency of supply chain • Deliver a full portfolio of national leading brands, supplemented by strong regional offerings • Capitalize on and drive category in growing modern trade Eastern Europe has been and remains an important contributor to earnings DIVERSITY & INCLUSION POLICY into consideration the benefits of diversity, in terms of work experience, culture, international experience, age, and gender. Hence,diversity is a high
PRODUCTS « CARLSBERG GROUP Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. JACOBSEN ORIGINAL DARK LAGER Jacobsen Original Dark Lager is brewed on the oldest recipe in the Carlsberg archives - JC Jacobsen’s original recipe of 1854. To re-create the original recipe, the Jacobsen Brewhouse focused on one of the key ingredients in beer - water. Water highly influences the taste of beer and by analysing the water used in Jacobsen’s time, an exact copy of his original ingredient was created byZERO WATER WASTE
ZERO WATER WASTE IN ACTION. Brewed and bottled in central Vietnam for 30 years, our popular Huda brand is deeply rooted in its local communities. In 2020, the brewery put our commitment to safeguard shared water resources into action – bringing clean water at the turn of a tap to almost 20,000 people. We partnered with localauthorities to
PRODUCTS » TETLEY'S » TETLEY'S ORIGINAL « CARLSBERG GROUP Tetley's Original is an amber bitter ale, which has sweet toffee apple flavours balanced with distinctly bitter dry flavours and a lingering dry bitter finish. Para. Tetley's was established in 1822, by an ambitious young man called Joshua Tetley. With his experience in the family malting business and the belief in its motto ‘Quality Pays’, Joshua Tetley took advantage of the lack of LABOUR & HUMAN RIGHTS POLICY Labour & Human Rights Policy 4 6.5. In the event of major layoffs, the Carlsberg Group must, as a minimum, satisfy applicable laws andindustry standards.
PRODUCTS » TOURTEL TWIST » TOURTEL TWIST LEMON « CARLSBERG Tourtel Twist Lemon is a refreshing, nonalcoholic aromatised beer with lemon juice. It has mild sparkes and a pale head. The aroma is intense and dominated by lemons. The taste is mainly lemon with a zest of lime and a hint of malt. Juicy, fizzy and refreshing without any noticeablebitterness.
ENVIRONMENTAL POLICY Environmental Policy 4 6. PACKAGING 6.1. The Carlsberg Group continuously works with partners to reduce consumption of packaging materials and to promote their reuse and HEALTH & SAFETY POLICY Health & Safety 4Policy 6. EMERGENCY PLANNING AND RESPONSE 6.1. Emergency response procedures must be established, maintained and tested annually at all Carlsberg Group sites. BEGINS - CARLSBERG GROUP 10 • Fully leverage unique national brewery footprint and route-to- market set-up • Optimise efficiency of supply chain • Deliver a full portfolio of national leading brands, supplemented by strong regional offerings • Capitalize on and drive category in growing modern trade Eastern Europe has been and remains an important contributor to earnings DIVERSITY & INCLUSION POLICY into consideration the benefits of diversity, in terms of work experience, culture, international experience, age, and gender. Hence,diversity is a high
CARLSBERG GROUP
Carlsberg Group. Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. More than 40,000 people work for Carlsberg Group, and our products are sold in more than 150 markets. PRODUCTS « CARLSBERG GROUP Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. PRODUCTS » VALAISANNE » BLONDE 25 « CARLSBERG GROUP Among Valaisan beer connoisseurs Blonde 25 already has cult status. Why? Because it tastes pleasantly light and fresh – and you can feel the distinctive passion for good, true brewery art. In the small bottle you can find a full serving of enjoyment. Harmonious, light yellow, quaffable: with this beer one not only enjoys to toast inValais.
PRODUCTS » 1664 » 1664 FRUITS ROUGES « CARLSBERG GROUP 1664 Fruits Rouges invites you to discover the perfect balance between the freshness of wheat beer and the fruity, sweet notes of red berries: raspberry and elderberry. The beer has a bright ruby red colour, a promise of an intense flavour. NEWSROOM » Q1 2021 TRADING STATEMENT « CARLSBERG GROUP 2021 EARNINGS EXPECTATIONS. Uncertainty remains high. However, in light of the good start to the year, we raise the bottom end of the range in our earnings expectations for 2021: • Organic growth in operating profit within the range of 5-10% (previously 3-10%). • A translation impact of around DKK -250m is assumed for 2021 based onthe spot
PRODUCTS » TETLEY'S » TETLEY'S ORIGINAL « CARLSBERG GROUP Tetley's Original is an amber bitter ale, which has sweet toffee apple flavours balanced with distinctly bitter dry flavours and a lingering dry bitter finish. Para. Tetley's was established in 1822, by an ambitious young man called Joshua Tetley. With his experience in the family malting business and the belief in its motto ‘Quality Pays’, Joshua Tetley took advantage of the lack of PRODUCTS » SOMERSBY » SOMERSBY MANGO & LIME « CARLSBERG GROUP Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. PRODUCTS » HÜRLIMANN » HÜRLIMANN LAGER « CARLSBERG GROUP Hürlimann Lager Beer is one of Feldschlösschen's classics. This harmonious lager beer with light bitterness and slightly fruity aroma spoils nose and palate. The full-bodied Hürlimann Lager Beer is said to be a favourite among beer connoisseurs. 2020 FINANCIAL STATEMENT Carlsberg A/S Tel 1799 Copenhagen V 1 J.C. Jacobsens Gade CVR.no. 61056416 +45 3327 3300 contact@carlsberg.com www.carlsberggroup.com LEI 5299001O0WJQYB5GYZ19 CHANGES TO THE EXECUTIVE COMMITTEE OF CARLSBERG GROUP (1) Phil Hodges joined Carlsberg Group and the Executive Committee in February 2017, with more than 30 years senior executive experience in supply chain and finance including at SAB Miller and Mondélez. PRODUCTS « CARLSBERG GROUP Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. JACOBSEN ORIGINAL DARK LAGER Jacobsen Original Dark Lager is brewed on the oldest recipe in the Carlsberg archives - JC Jacobsen’s original recipe of 1854. To re-create the original recipe, the Jacobsen Brewhouse focused on one of the key ingredients in beer - water. Water highly influences the taste of beer and by analysing the water used in Jacobsen’s time, an exact copy of his original ingredient was created byZERO WATER WASTE
ZERO WATER WASTE IN ACTION. Brewed and bottled in central Vietnam for 30 years, our popular Huda brand is deeply rooted in its local communities. In 2020, the brewery put our commitment to safeguard shared water resources into action – bringing clean water at the turn of a tap to almost 20,000 people. We partnered with localauthorities to
PRODUCTS » TETLEY'S » TETLEY'S ORIGINAL « CARLSBERG GROUP Tetley's Original is an amber bitter ale, which has sweet toffee apple flavours balanced with distinctly bitter dry flavours and a lingering dry bitter finish. Para. Tetley's was established in 1822, by an ambitious young man called Joshua Tetley. With his experience in the family malting business and the belief in its motto ‘Quality Pays’, Joshua Tetley took advantage of the lack of LABOUR & HUMAN RIGHTS POLICY Labour & Human Rights Policy 4 6.5. In the event of major layoffs, the Carlsberg Group must, as a minimum, satisfy applicable laws andindustry standards.
PRODUCTS » TOURTEL TWIST » TOURTEL TWIST LEMON « CARLSBERG Tourtel Twist Lemon is a refreshing, nonalcoholic aromatised beer with lemon juice. It has mild sparkes and a pale head. The aroma is intense and dominated by lemons. The taste is mainly lemon with a zest of lime and a hint of malt. Juicy, fizzy and refreshing without any noticeablebitterness.
ENVIRONMENTAL POLICY Environmental Policy 4 6. PACKAGING 6.1. The Carlsberg Group continuously works with partners to reduce consumption of packaging materials and to promote their reuse and HEALTH & SAFETY POLICY Health & Safety 4Policy 6. EMERGENCY PLANNING AND RESPONSE 6.1. Emergency response procedures must be established, maintained and tested annually at all Carlsberg Group sites. BEGINS - CARLSBERG GROUP 10 • Fully leverage unique national brewery footprint and route-to- market set-up • Optimise efficiency of supply chain • Deliver a full portfolio of national leading brands, supplemented by strong regional offerings • Capitalize on and drive category in growing modern trade Eastern Europe has been and remains an important contributor to earnings DIVERSITY & INCLUSION POLICY into consideration the benefits of diversity, in terms of work experience, culture, international experience, age, and gender. Hence,diversity is a high
PRODUCTS « CARLSBERG GROUP Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. JACOBSEN ORIGINAL DARK LAGER Jacobsen Original Dark Lager is brewed on the oldest recipe in the Carlsberg archives - JC Jacobsen’s original recipe of 1854. To re-create the original recipe, the Jacobsen Brewhouse focused on one of the key ingredients in beer - water. Water highly influences the taste of beer and by analysing the water used in Jacobsen’s time, an exact copy of his original ingredient was created byZERO WATER WASTE
ZERO WATER WASTE IN ACTION. Brewed and bottled in central Vietnam for 30 years, our popular Huda brand is deeply rooted in its local communities. In 2020, the brewery put our commitment to safeguard shared water resources into action – bringing clean water at the turn of a tap to almost 20,000 people. We partnered with localauthorities to
PRODUCTS » TETLEY'S » TETLEY'S ORIGINAL « CARLSBERG GROUP Tetley's Original is an amber bitter ale, which has sweet toffee apple flavours balanced with distinctly bitter dry flavours and a lingering dry bitter finish. Para. Tetley's was established in 1822, by an ambitious young man called Joshua Tetley. With his experience in the family malting business and the belief in its motto ‘Quality Pays’, Joshua Tetley took advantage of the lack of LABOUR & HUMAN RIGHTS POLICY Labour & Human Rights Policy 4 6.5. In the event of major layoffs, the Carlsberg Group must, as a minimum, satisfy applicable laws andindustry standards.
PRODUCTS » TOURTEL TWIST » TOURTEL TWIST LEMON « CARLSBERG Tourtel Twist Lemon is a refreshing, nonalcoholic aromatised beer with lemon juice. It has mild sparkes and a pale head. The aroma is intense and dominated by lemons. The taste is mainly lemon with a zest of lime and a hint of malt. Juicy, fizzy and refreshing without any noticeablebitterness.
ENVIRONMENTAL POLICY Environmental Policy 4 6. PACKAGING 6.1. The Carlsberg Group continuously works with partners to reduce consumption of packaging materials and to promote their reuse and HEALTH & SAFETY POLICY Health & Safety 4Policy 6. EMERGENCY PLANNING AND RESPONSE 6.1. Emergency response procedures must be established, maintained and tested annually at all Carlsberg Group sites. BEGINS - CARLSBERG GROUP 10 • Fully leverage unique national brewery footprint and route-to- market set-up • Optimise efficiency of supply chain • Deliver a full portfolio of national leading brands, supplemented by strong regional offerings • Capitalize on and drive category in growing modern trade Eastern Europe has been and remains an important contributor to earnings DIVERSITY & INCLUSION POLICY into consideration the benefits of diversity, in terms of work experience, culture, international experience, age, and gender. Hence,diversity is a high
CARLSBERG GROUP
Carlsberg Group. Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. More than 40,000 people work for Carlsberg Group, and our products are sold in more than 150 markets. PRODUCTS « CARLSBERG GROUP Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. PRODUCTS » VALAISANNE » BLONDE 25 « CARLSBERG GROUP Among Valaisan beer connoisseurs Blonde 25 already has cult status. Why? Because it tastes pleasantly light and fresh – and you can feel the distinctive passion for good, true brewery art. In the small bottle you can find a full serving of enjoyment. Harmonious, light yellow, quaffable: with this beer one not only enjoys to toast inValais.
PRODUCTS » 1664 » 1664 FRUITS ROUGES « CARLSBERG GROUP 1664 Fruits Rouges invites you to discover the perfect balance between the freshness of wheat beer and the fruity, sweet notes of red berries: raspberry and elderberry. The beer has a bright ruby red colour, a promise of an intense flavour. NEWSROOM » Q1 2021 TRADING STATEMENT « CARLSBERG GROUP 2021 EARNINGS EXPECTATIONS. Uncertainty remains high. However, in light of the good start to the year, we raise the bottom end of the range in our earnings expectations for 2021: • Organic growth in operating profit within the range of 5-10% (previously 3-10%). • A translation impact of around DKK -250m is assumed for 2021 based onthe spot
PRODUCTS » TETLEY'S » TETLEY'S ORIGINAL « CARLSBERG GROUP Tetley's Original is an amber bitter ale, which has sweet toffee apple flavours balanced with distinctly bitter dry flavours and a lingering dry bitter finish. Para. Tetley's was established in 1822, by an ambitious young man called Joshua Tetley. With his experience in the family malting business and the belief in its motto ‘Quality Pays’, Joshua Tetley took advantage of the lack of PRODUCTS » SOMERSBY » SOMERSBY MANGO & LIME « CARLSBERG GROUP Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. PRODUCTS » HÜRLIMANN » HÜRLIMANN LAGER « CARLSBERG GROUP Hürlimann Lager Beer is one of Feldschlösschen's classics. This harmonious lager beer with light bitterness and slightly fruity aroma spoils nose and palate. The full-bodied Hürlimann Lager Beer is said to be a favourite among beer connoisseurs. 2020 FINANCIAL STATEMENT Carlsberg A/S Tel 1799 Copenhagen V 1 J.C. Jacobsens Gade CVR.no. 61056416 +45 3327 3300 contact@carlsberg.com www.carlsberggroup.com LEI 5299001O0WJQYB5GYZ19 CHANGES TO THE EXECUTIVE COMMITTEE OF CARLSBERG GROUP (1) Phil Hodges joined Carlsberg Group and the Executive Committee in February 2017, with more than 30 years senior executive experience in supply chain and finance including at SAB Miller and Mondélez. CARLSBERG GROUPWHO WE AREBEERS YOU LOVEPURSUIT OF BETTERSUSTAINABILITYINVESTOR RELATIONSNEWS ROOM Carlsberg Group. Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. More than 40,000 people work for Carlsberg Group, and our products are sold in more than 150 markets. SUSTAINABILITY » OUR AMBITIONS « CARLSBERG GROUP By 2030, we will aim for 100% of our markets to improve on responsible drinking year on year. That means increasing information, availability of alcohol-free options and encouraging responsible consumption. Read more >>. The health and safety of our people always comes first. We want everyone to go home safe every day. WHO WE ARE » ABOUT THE CARLSBERG GROUP » INTEGRATED SUPPLYCARLSBERG GROUPCARLSBERG GROUP CAMBODIACARLSBERG GROUP SHAREPOINTCARLSBERG BEERCARLSBERG BEER REVIEW About ISC. ISC manages the world-wide brewery network in Carlsberg Group, handles the global procurement processes, sets the global standards for brewing technology and logistics services and ensures end-to-end planning through the entire supply chain. By integrating these functions, we improve the utilisation of our assets, standardiseand
WHO WE ARE » ABOUT THE CARLSBERG GROUP » GLOBAL PRESENCE On February 1 st, 2013, the Carlsberg Group announced a joint venture with Myanmar Golden Star (MGS).The construction of a brewery commenced in October 2013 in Bago, a city 80 kilometers north of Yangon. On May 7 th 2015, the Carlsberg Group officially inaugurated its brewery, the first international brewery in Myanmar, marking the official beginning of Carlsberg's business operations in Myanmar. JACOBSEN ORIGINAL DARK LAGER Jacobsen Original Dark Lager is brewed on the oldest recipe in the Carlsberg archives - JC Jacobsen’s original recipe of 1854. To re-create the original recipe, the Jacobsen Brewhouse focused on one of the key ingredients in beer - water. Water highly influences the taste of beer and by analysing the water used in Jacobsen’s time, an exact copy of his original ingredient was created by WHO WE ARE » ABOUT THE CARLSBERG GROUP » EXECUTIVECARLSBERG GROUP STOCKCARLSBERG GROUP USACARLSBERG BEER REVIEWCARLSBERG BEERCARLSBERG USACARLSBERG BEER GLASS Executive Vice President, Western Europe since 2021. Graham was EVP Asia from 2016 to 2021. He joined Carlsberg in connection with the S&N acquisition in 2008 and has strong experience in the global drinks business on the back of a wide range of sales and marketing roles since 1991 for Grand Metropolitan plc, Foster's Brewing Group and S&N plc across Western and Eastern Europe. PRODUCTS » TOURTEL TWIST » TOURTEL TWIST LEMON « CARLSBERG Tourtel Twist Lemon is a refreshing, nonalcoholic aromatised beer with lemon juice. It has mild sparkes and a pale head. The aroma is intense and dominated by lemons. The taste is mainly lemon with a zest of lime and a hint of malt. Juicy, fizzy and refreshing without any noticeablebitterness.
LABOUR & HUMAN RIGHTS POLICY Labour & Human Rights Policy 4 6.5. In the event of major layoffs, the Carlsberg Group must, as a minimum, satisfy applicable laws andindustry standards.
WHO WE ARE » ABOUT THE CARLSBERG GROUP » EXECUTIVECARLSBERG GROUP STOCKCARLSBERG GROUP USACARLSBERG BEERCARLSBERG BEER REVIEWCARLSBERG USACARLSBERG BREWERY Cees ´t Hart, CEO since 2015. Nationality: Dutch. Year of birth: 1958. Cees ´t Hart joined Carlsberg Group as CEO in 2015 after seven years as CEO of the Dutch dairy cooperative Royal FrieslandCampina. Mr. ´t Hart worked for 24 years with Unilever, starting his career as management trainee, and he held a range of international management NEWSROOM » THE CARLSBERG GROUP’S DIGITAL TRANSFORMATION IS Global 2019 is CBS Case Competition’s response to an increasingly digitalised world, and the subject of the challenge is Carlsberg’s digital transformation, part of CARLSBERG GROUPWHO WE AREBEERS YOU LOVEPURSUIT OF BETTERSUSTAINABILITYINVESTOR RELATIONSNEWS ROOM Carlsberg Group. Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. More than 40,000 people work for Carlsberg Group, and our products are sold in more than 150 markets. SUSTAINABILITY » OUR AMBITIONS « CARLSBERG GROUP By 2030, we will aim for 100% of our markets to improve on responsible drinking year on year. That means increasing information, availability of alcohol-free options and encouraging responsible consumption. Read more >>. The health and safety of our people always comes first. We want everyone to go home safe every day. WHO WE ARE » ABOUT THE CARLSBERG GROUP » INTEGRATED SUPPLYCARLSBERG GROUPCARLSBERG GROUP CAMBODIACARLSBERG GROUP SHAREPOINTCARLSBERG BEERCARLSBERG BEER REVIEW About ISC. ISC manages the world-wide brewery network in Carlsberg Group, handles the global procurement processes, sets the global standards for brewing technology and logistics services and ensures end-to-end planning through the entire supply chain. By integrating these functions, we improve the utilisation of our assets, standardiseand
WHO WE ARE » ABOUT THE CARLSBERG GROUP » GLOBAL PRESENCE On February 1 st, 2013, the Carlsberg Group announced a joint venture with Myanmar Golden Star (MGS).The construction of a brewery commenced in October 2013 in Bago, a city 80 kilometers north of Yangon. On May 7 th 2015, the Carlsberg Group officially inaugurated its brewery, the first international brewery in Myanmar, marking the official beginning of Carlsberg's business operations in Myanmar. JACOBSEN ORIGINAL DARK LAGER Jacobsen Original Dark Lager is brewed on the oldest recipe in the Carlsberg archives - JC Jacobsen’s original recipe of 1854. To re-create the original recipe, the Jacobsen Brewhouse focused on one of the key ingredients in beer - water. Water highly influences the taste of beer and by analysing the water used in Jacobsen’s time, an exact copy of his original ingredient was created by WHO WE ARE » ABOUT THE CARLSBERG GROUP » EXECUTIVECARLSBERG GROUP STOCKCARLSBERG GROUP USACARLSBERG BEER REVIEWCARLSBERG BEERCARLSBERG USACARLSBERG BEER GLASS Executive Vice President, Western Europe since 2021. Graham was EVP Asia from 2016 to 2021. He joined Carlsberg in connection with the S&N acquisition in 2008 and has strong experience in the global drinks business on the back of a wide range of sales and marketing roles since 1991 for Grand Metropolitan plc, Foster's Brewing Group and S&N plc across Western and Eastern Europe. PRODUCTS » TOURTEL TWIST » TOURTEL TWIST LEMON « CARLSBERG Tourtel Twist Lemon is a refreshing, nonalcoholic aromatised beer with lemon juice. It has mild sparkes and a pale head. The aroma is intense and dominated by lemons. The taste is mainly lemon with a zest of lime and a hint of malt. Juicy, fizzy and refreshing without any noticeablebitterness.
LABOUR & HUMAN RIGHTS POLICY Labour & Human Rights Policy 4 6.5. In the event of major layoffs, the Carlsberg Group must, as a minimum, satisfy applicable laws andindustry standards.
WHO WE ARE » ABOUT THE CARLSBERG GROUP » EXECUTIVECARLSBERG GROUP STOCKCARLSBERG GROUP USACARLSBERG BEERCARLSBERG BEER REVIEWCARLSBERG USACARLSBERG BREWERY Cees ´t Hart, CEO since 2015. Nationality: Dutch. Year of birth: 1958. Cees ´t Hart joined Carlsberg Group as CEO in 2015 after seven years as CEO of the Dutch dairy cooperative Royal FrieslandCampina. Mr. ´t Hart worked for 24 years with Unilever, starting his career as management trainee, and he held a range of international management NEWSROOM » THE CARLSBERG GROUP’S DIGITAL TRANSFORMATION IS Global 2019 is CBS Case Competition’s response to an increasingly digitalised world, and the subject of the challenge is Carlsberg’s digital transformation, part of PRODUCTS « CARLSBERG GROUP Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. INVESTOR RELATIONS » INVESTOR HOME « CARLSBERG GROUP Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. WHO WE ARE » ABOUT THE CARLSBERG GROUP » OUR STRATEGY The Carlsberg Group Strategy. Our SAIL'22 strategy was launched in March 2016 with the ambition to make the Carlsberg Group a successful, professional and attractive brewer in our markets. The key strategic choices of SAIL'22 are grouped under the headings "Strengthen the core", "Position for growth" and "Create a winning culture". NEWSROOM » Q1 2021 TRADING STATEMENT « CARLSBERG GROUP 2021 EARNINGS EXPECTATIONS. Uncertainty remains high. However, in light of the good start to the year, we raise the bottom end of the range in our earnings expectations for 2021: • Organic growth in operating profit within the range of 5-10% (previously 3-10%). • A translation impact of around DKK -250m is assumed for 2021 based onthe spot
PRODUCTS » HOLSTEN » HOLSTEN PILSENER « CARLSBERG GROUP With its bitter and refreshing character from top-class ingredients, the cold-fermented Holsten Pilsener is an example of how a pils should be like. Holsten is an authentic German beer brewed according to the Reinheitsgebot tradition from 1516. Holsten Pilsener was first developed and produced by the Holsten Brewery in Northern Germany in 1953. With its robust character and striking appearanceZERO WATER WASTE
ZERO WATER WASTE IN ACTION. Brewed and bottled in central Vietnam for 30 years, our popular Huda brand is deeply rooted in its local communities. In 2020, the brewery put our commitment to safeguard shared water resources into action – bringing clean water at the turn of a tap to almost 20,000 people. We partnered with localauthorities to
JACOBSEN ORIGINAL DARK LAGER Jacobsen Original Dark Lager is brewed on the oldest recipe in the Carlsberg archives - JC Jacobsen’s original recipe of 1854. To re-create the original recipe, the Jacobsen Brewhouse focused on one of the key ingredients in beer - water. Water highly influences the taste of beer and by analysing the water used in Jacobsen’s time, an exact copy of his original ingredient was created by PRODUCTS » MYTHOS » MYTHOS « CARLSBERG GROUP Mythos is the contemporary Greek lager with rich foam, shiny blonde color and pleasant refreshing taste. Moreover, hoppy notes are combined with a mild sweetness and a long-lasting aftertaste. Having an easy open cap, guarantees the pleasure for every fueling fun moment being the ideal choice at CHANGES TO THE EXECUTIVE COMMITTEE OF CARLSBERG GROUP (1) Phil Hodges joined Carlsberg Group and the Executive Committee in February 2017, with more than 30 years senior executive experience in supply chain and finance including at SAB Miller and Mondélez. PRODUCTS » LVIVSKE » ROBERT DOMS BELGIYSKY « CARLSBERG GROUP Robert Doms Belgiysky is a light, unfiltered beer with a soft malty taste, characterised by a sweet touch of wheat and a mild spicy and fruity aftertaste. Robert Doms Belgiysky is brewed according to a unique recipe, using 'Belgium Pilsner Malt.Got it!
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OUR Q1 2020 TRADING STATEMENT IS OUTRead more
FEATURED NEWS
Q1 2020 TRADING STATEMENT30.04.20
Challenging Q1 due to COVID-19. CHRISTIAN WULFF SØNDERGAARD JOINS CARLSBERG GROUP AS VP CORPORATEAFFAIRS
22.04.20
Christian Wulff Søndergaard will join Carlsberg as the new VP Corporate Affairs as of 1 May. SUSPENSION OF 2020 GUIDANCE AND BUSINESS UPDATE02.04.20
Carlsberg has decided to suspend guidance for the year due to the increased uncertainty from the COVID-19 pandemic.More news...
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The share price data is currently unavailable.OUR MARKETS
CARLSBERG GROUP HAS STRONG MARKET POSITIONS GLOBALLY. We have a well-diversified geographic footprint with strong no. 1 or 2 positions in 25 markets across Western Europe, Asia and Eastern Europe. Around 75% of volumes are sold in these markets and no market accounts for more than 16% of Group volumes.WESTERN EUROPE
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* Share of Group volumes (2019) 46%*
* Share of Group net revenue (2019) 55%*
* Share of Group operating profit (2019) 53%EASTERN EUROPE
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* Share of Group volumes (2019) 23%*
* Share of Group net revenue (2019) 17%*
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* Share of Group volumes (2019) 31%*
* Share of Group net revenue (2019) 28%*
* Share of Group operating profit (2019) 33% EXPORT, LICENSE AND URBAN DEVELOPMENT*
* Export markets 100+Explore our markets
BETTER TOMORROW
SNAP PACK. AN INNOVATION TO REDUCE PLASTIC We’re constantly trying to make everything about our beers even better. Snap Pack is one of the results. A world-first for the beer industry, this innovation took us three years to develop together withour partners.
RETHINKING PACKAGING WITH THE GREEN FIBRE BOTTLE Reducing our beer-in-hand carbon footprint means innovating across our packaging portfolio. And innovations are best achieved in partnership with other experts. The paper bottle company, Paboco, is helping us achieve breakthroughs in our Green Fibre Bottle project, developing the world’s first 100% bio-based beer bottle made from sustainably sourced wood fibres. HALVING WATER USAGE AT FREDERICIA BREWERY Developing a sustainable tomorrow can only happen together. In 2019 we announced an ambitious project at our Fredericia brewery, the result of public-private partnership with DRIP in Denmark. It will use innovative water recycling technology to reuse 90% of process water, providing learnings for our other wastewater treatments around theworld.
EXPLORE OUR PRODUCTS We have more than 140 brands in our portfolio PROBABLY THE BEST BEER IN THE WORLD. The very first Carlsberg beers were brewed by Carlsberg's founder J.C. Jacobsen in Copenhagen in 1847. Today Carlsberg is enjoyed all overthe world!
GRIMBERGEN
With the phoenix as its symbol, Grimbergen Abbey rose up from the ashes century after century to offer a unique beer whose unexpected flavors reveal themselves with each sip.*
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TUBORG GREEN
Pilsner 4.6%
Denmark
1664 BLANC
Witbier 5%
France
CARLSBERG NORDIC GYLDEN BRYGAlcohol-Free 0.5%
Denmark
BALTIKA #7 EXPORT
Pale Lager 5.4%
Russia
SOMERSBY APPLE CIDERCider 4.5%
Denmark
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CARLSBERG GROUP
Established in 1847 by brewer J.C. Jacobsen, Carlsberg Group is one of the leading brewery groups in the world today, with a large portfolio of beer and other beverage brands. More than 40,000 people work for Carlsberg Group, and our products are sold in more than 150 markets. On our website you will find information about our beers. Please enjoyresponsibly!
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