Carlsberg Full-Year Report 2023

Highlights

Volume, Revenue & Profit growth

  • Volume growth driven by Asia and premium brands
  • Revenue/HL growth in all regions
  • Solid operating profit growth
  • Free operating cash flow impacted by currencies, total working capital, and CapEx

Cash Returns

  • Three quarterly buy-backs
  • Total buy-back carried out in 2023: DKK 3.2bn • Proposed dividend for the year: DKK 27
  •  DKK 1bn quarterly share buy-back program launched this morning

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