VALBY, Denmark, Feb. 20, 2003 (PRIMEZONE) -- The Board of Directors of Carlsberg A/S (Other OTC:CABHF) has today approved that the annual report of the Carlsberg Group and the Parent Company for 2002 be presented to the Annual General Meeting.
2002 in outline:
-- The results are in line with the expectations expressed in the Q3 Financial Statement. -- Net revenue rose by 3% to DKK 35.5bn. -- Operating profit (EBITA) amounted to DKK 3.8bn (+15%). -- Profit before amortisation and write-down of goodwill totaled DKK 2,149m. Adjusted for one-off items the profit amounted to DKK 2,172m (+8%). -- Carlsberg's share of the profit amounted to DKK 1,011m. Adjusted for one-off items, the share of profit amounted to DKK 1,025m (+10%). -- Results per share (before goodwill, own shares and one-off items) rose to DKK 20.50 (+18%). -- Cash flow from operating activities and free cash flow amounted to DKK 5.6bn and 1.6bn, respectively, which is considerably above last year. -- It is proposed that a dividend of DKK 5.00 per share be paid (unchanged compared to 2001).
Read the entire announcement on the attachment below: http://reports.huginonline.com/892614/113801.pdf