Strong FY19 results (expected) and the step-up in cash return to investors proves the company’s robustness. The more cautious FY20 guidance reflects the continuing difficulties in Russia, as well as the volatile environment (coronavirus), but we should expect an upgrade if the situation stabilizes.
04 Feb 2020
Robust FY19 results, slightly cautious FY20 at this stage of the year
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Robust FY19 results, slightly cautious FY20 at this stage of the year
Carlsberg AS Class B (CARL:WBO) | 0 0 1.8% | Mkt Cap: 110,929m
- Published:
04 Feb 2020 -
Author:
Laura Parisot -
Pages:
3
Strong FY19 results (expected) and the step-up in cash return to investors proves the company’s robustness. The more cautious FY20 guidance reflects the continuing difficulties in Russia, as well as the volatile environment (coronavirus), but we should expect an upgrade if the situation stabilizes.