For Carlsberg, fiscal 2015 net loss was 2.6 billion Danish Kroner, including special items of 8.7 billion Kroner, mainly related to impairment and restructuring. This was compared to last year’s profit of 4.41 billion kroner. Adjusted net profit was 4.56 billion Kroner, compared to 5.50 billion kroner profit a year ago. Adjusted earnings per share were 29.9 kroner, compared to 36 kroner last year.

Adjusted operating profit declined 8 percent to 8.46 billion kroner from prior year, affected by negative currency impact. Organic operating profit decline was 7 percent.

Annual revenues were 65.35 billion kroner, higher than prior year’s 64.51 billion kroner. Organic net revenue growth was 2 percent. Group beer volumes declined organically by 4 percent due to continued decline in Eastern Europe, while Asian business continued to perform strongly.

Further, Carlsberg proposed a dividend per share of 9.00 Kroner for fiscal 2015.

For 2016, Carlsberg expects to deliver low-single-digit organic operating profit growth.

Heineken shares are currently trading at 75.38 euros, up 0.27 percent, and Carlsberg shares are at 566.50 kroner, up 3.47 percent.

 

Source nasdaq.com

Comments are closed.