COPENHAGEN (dpa-AFX) - Danish brewer Carlsberg A/S (CABGY.PK) reported
Tuesday that its first-quarter revenue grew 4.4 percent to 17.13 billion Danish
kroner from last year's 16.41 billion kroner.

Organic revenue growth was 6.4 percent and revenue/hl growth was 4 percent, with
positive contribution from all three regions.

Organic volume growth was 2 percent in the quarter, with growth of 0.2 percent
in Western Europe, 3.1 percent in Asia and 2.2 percent in Central & Eastern
Europe and India or CEEI.

Total premium beer category valume grew 8 percent, while Beyond Beer dropped 1
percent.

Further, the company announced the launch of a new quarterly share buy-back
programme, amounting to 1 billion kroner.

Group CEO Jacob Aarup-Andersen said, 'We've had a solid start to the year with
volume and revenue growth in all three regions. We're particularly satisfied
with the growth of our premium portfolio and the volume and revenue growth in
Asia, both of which are important strategic growth drivers for the Group. Q1
performance was in line with expectations, and we maintain our full-year
earnings outlook.'

For fiscal 2024, the company continues to expect organic operating profit growth
of 1 percent to 5 percent.



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