Royal Unibrew AS (FRA:0R1)
€ 69.9 0.2 (0.29%) Market Cap: 3.60 Bil Enterprise Value: 4.32 Bil PE Ratio: 17.65 PB Ratio: 4.21 GF Score: 94/100

Q3 2021 Royal Unibrew A/S Trading Statement Call Transcript

Nov 18, 2021 / 08:00AM GMT
Release Date Price: €103.95 (-6.77%)
Lars Jensen;S;CEO
Royal Unibrew A;President & Member of Executive Board

/- -

Good morning, and welcome to this Q3 trading statement conference call. My name is Lars Jensen, and I'm the CEO of Royal Unibrew. With me this morning, I have our CFO, Lars Vestergaard, and we will present the Q3 results before taking your questions.

Now please turn to Slide #3. Looking at Q3, our business has continued its solid development across most geographies. In Denmark, a very vibrant reopening of the On-Trade clearly supported growth together with warm weather in July. In Italy, we continue the successful rollout of our Lemonsoda Energy Activator. And in the super premium beer segment, our Ceres beer continues to deliver strong results. The soft drink market in France is in decline, mostly weather-driven, but Lorina continues to gain market share and has now, over the past 29 months, gained total value market share every month. The Finnish market continues to be negatively affected by COVID-19 related restrictions on the On-Trade, but through strong execution in the

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot