Carlsberg As Shs A (CABHF) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.099 Welcome to the Carlsberg A.S. H1 2025 Financial Statement 00:00:05.099 -- 00:00:08.565 Conference Call. I'm Moritz, the call's call operator. 00:00:08.565 -- 00:00:11.970 I would like to remind you that all participants will be in a listen-only mode and the 00:00:11.970 -- 00:00:15.937 conference is being recorded. The presentation will be followed by a question and answer 00:00:15.937 -- 00:00:20.104 session. You can register for questions at any time by pressing star and one on your 00:00:20.104 -- 00:00:23.950 telephone. For operator assistance, please press star and zero. 00:00:23.950 -- 00:00:27.605 The conference must not be recorded for publication or broadcast. 00:00:27.605 -- 00:00:33.172 At this time, it's my pleasure to hand over to your host today, CEO Jacob Arab-Anderson 00:00:33.172 -- 00:00:37.354 and CFO Ulrike Fern. Please go ahead. 00:00:38.498 -- 00:00:43.625 Thank you so much, Operator, and good morning, everyone, and welcome to Carlsberg's half-year 00:00:43.625 -- 00:00:48.911 2025 conference call. As said, my name is Jacob Arab-Anderson, 00:00:48.911 -- 00:00:53.937 and I have with me our CFO Ulrike Fern and our Vice President of Investor Relations, 00:00:53.937 -- 00:00:56.022 Peter Kontrup. 00:00:56.022 -- 00:01:00.787 Before we get into the meat of it, let me begin by summarizing the key headlines for 00:01:00.787 -- 00:01:02.369 this call. 00:01:02.369 -- 00:01:06.994 We delivered strong top-line and profit growth, mainly due to the consolidation of BRITVIC, 00:01:06.994 -- 00:01:12.039 of course. We delivered solid organic performance in a challenging environment with 00:01:12.039 -- 00:01:15.683 good market share development in all three regions and returning to volume growth in 00:01:15.683 -- 00:01:21...