Cibi e Bevande
Q1 2025 Trading Statement
COMPANY ANNOUNCEMENT NO 23/2025 - April 29, 2025
Start of 2025 in line with our expectations:
Statement by Royal Unibrew's CEO, Lars Jensen: "We are pleased to report that the year has started in line with our expectations. Considering the subdued consumer confidence across our main markets, a full week of strike end March in Finland and the timing of Easter negatively impacting Q1, we are satisfied with our activity levels and financial performance. Our continued focus on operating efficiency is driving improvements in our EBIT margin, in line with our long-term ambitions".
Outlook for 2025
The financial outlook for full-year 2025 as stated in the Annual Report 2024 is reiterated.
The guidance is based on a continued challenging consumer environment and high uncertainty; though not a deterioration from 2024. In recent months, macroeconomic uncertainty has increased following the announcements of trade tariffs by the US. While our direct exposure to US import/export is limited, the ripple effects on global economies and consumer sentiment are difficult to predict at this stage.
For further information on this announcement
Investor Relations, Flemming Ole Nielsen, +45 25 41 68 04, flemming.nielsen@royalunibrew.com
Media Relations, Michelle Nørrelykke Hindkjær, +45 25 64 34 31, michelle.hindkjaer@royalunibrew.com
Webcast
Investors and analysts can register for a conference call on April 30, 2025, at 09:00 am CEST at the following link: https://edge.media-server.com/mmc/p/oq75zp5w/
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