Carlsberg As Shs A (CABHF) Q2 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:01.851 -- 00:00:06.772 Welcome to the Carlsberg's H1 2026 Interim Financial Statement. 00:00:06.772 -- 00:00:10.873 I'm Moritz, the course call operator. I would like to remind you that all participants 00:00:10.873 -- 00:00:14.054 will be in a listen-only mode and the conference is being recorded. 00:00:14.054 -- 00:00:17.354 The presentation will be followed by a question and answer session. 00:00:17.354 -- 00:00:21.515 You can register for questions at any time by pressing star and one on your telephone. 00:00:21.515 -- 00:00:24.315 For operator assistance, please press star and zero. 00:00:24.315 -- 00:00:28.036 The conference must not be recorded for publication or broadcast. 00:00:28.036 -- 00:00:32.198 At this time, it's my pleasure to hand over to Jacob Arup-Andersen, CEO. 00:00:32.198 -- 00:00:34.498 Please go ahead. 00:00:34.779 -- 00:00:39.502 Thank you very much, operator. So good morning, everyone, and welcome to Carlsberg's 00:00:39.502 -- 00:00:44.624 half-year 2026 conference call. As said, my name is Jacob Arup-Andersen, 00:00:44.624 -- 00:00:49.647 and I have with me our CFO, Ulrike Fern, and Vice President, Investor Relations, Peter 00:00:49.647 -- 00:00:51.288 Kondrup. 00:00:51.288 -- 00:00:56.872 Before we get into it, let me just begin by summarizing the key headlines for the half-year. 00:00:56.872 -- 00:01:01.816 First of all, we delivered solid top line and solid earnings growth. 00:01:01.816 -- 00:01:05.578 We are delivering the BRITBIC synergies faster than expected. 00:01:05.578 -- 00:01:10.502 We're making strong progress on leverage reduction, and we're expanding our Pepsi partnership 00:01:10.502 -- 00:01:15.686 to many more markets. And we're narrowing our full year guidance for organic 00:01:15.686 -- 00:01:21.270 operati...