Consensus estimates
> 2022

2022 (MDKK)	Actual	Average	Median	High	Low	Contr.
Sales volume* (m hl)	125.4
- Western Europe (m hl)	44.4
- Asia (m hl)	48.3
- Central and Eastern Europe (m hl)	32.7
Net sales	70,265
- Western Europe	34,888
- Asia	23,682
- Central and Eastern Europe	11,679
- Other sales	16
EBIT before special items	11,470
- Western Europe	4,966
- Asia	5,435
- Central and Eastern Europe	2,282
- Other EBIT	-1,213
Special items	-784
Net financials	-725
EBT	9,961
Taxes	-1,778
Consolidated profit	8,183
Minority interests	-1,171
Russian operations	-8,075
Net profit	-1,063
EBIT margin (%)	16.3
Tax rate (%)	17.9
EPS (DKK)	-7.6
Adjusted EPS (DKK)	69.3
DPS (DKK)	27.0
Free cash flow	9,884
Net interest-bearing debt	19,326

* Volume data is collected only once every quarter - prior to quarterly statements.

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Consensus estimates > 2022

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Consensus estimates
> 2022

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