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Carlsberg Expects Annual Savings of USD 144.2 Million

Source: Carlsberg
17/06/2008

16 June 2008 - Today Carlsberg is hosting a capital markets day in Basel, Switzerland to update on the strategic initiatives that drives growth in the Western European business. Topics that will be addressed include creation of world class procurement and optimization of supply chain as well as marketing excellence, innovation and brand portfolio management.

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Furthermore, Carlsberg’s Business Standardisation programme is presented including estimate on total costs associated hereto of approximately DKK 1bn and expected annual savings when fully implemented of approximately DKK 700m.

No update on current trading is given at the conference.

Updated guidance for 2008 as well as medium term financial targets will be presented no later than on 5 August 2008 in connection with release of interim report for first six months of 2008.



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