Carlsberg A/S: Preliminary Profit Statement 2002


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



            

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