Carlsberg A/S — Earnings Release 2019

Aug 8, 2019

Page 1 of 1 Company announcement 32/2019 8 August 2019

UPGRADE OF 2019 EARNINGS EXPECTATIONS

The Carlsberg Group is adjusting its 2019 earnings expectations upwards due to strong financial performance in the first six months of 2019, including 4.2% organic net revenue growth, 1.4% organic total volume growth and a strong operating margin improvement.

Consequently, we now expect:

• High-single-digit percentage growth in organic operating profit (previously mid-single-digit percentage growth).

As planned, the H1 2019 interim financial statement will be published on 15 August at 7.00 a.m. (CET).

Contacts

Investor Relations: Peter Kondrup +45 2219 1221 Iben Steiness +45 3327 1232 Media Relations: Kasper Elbjørn +45 4179 1216 Anders Bering +45 4179 1217

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