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Royal Unibrew (RBREW) investor relations material
Royal Unibrew AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
AGM held virtually to increase accessibility for all shareholders, including those abroad.
Agenda included financial review, board discharge, profit distribution, remuneration, board elections, and proposals on capital structure and governance.
Legal formalities confirmed; over 70% of share capital represented, with proxies and postal votes exceeding 90%.
Financial performance review
Revenue grew by 5% to DKK 15.7 billion in 2025; organic revenue growth was 3%.
EBIT rose 12% to DKK 2.2 billion, with a margin improvement to 14%.
Net profit reached DKK 1.6 billion, up 6% year-on-year; free cash flow was DKK 1.4 billion.
Financial gearing at 2x net debt/EBITDA; equity ratio increased to 37%.
Q1 2026 results in line with guidance; organic EBIT growth expected at 6%-10% for 2026.
Board and executive committee updates
Board proposes discharge from liability for 2025 and re-election of all current board members.
Employee-elected board members updated, with one new member and two re-elections.
Board evaluation via self-assessment confirmed strong cooperation and competencies.
- PepsiCo partnership in Northern Europe ends in 2028; strong Q1 growth and EBIT outlook upheld.RBREW
Q1 2026 TU21 Apr 2026 - 2025 saw robust EBIT and margin growth, with 2026 guidance focused on efficiency and profitability.RBREW
Q4 20258 Apr 2026 - Strong H1 EBIT and revenue growth, upgraded outlook, and extraordinary dividend announced.RBREW
Q2 202423 Jan 2026 - 2025 saw strong growth and margin expansion, led by innovation and efficiency gains.RBREW
SEB Nordic Seminar presentation15 Jan 2026 - Record Q3 EBIT, strong growth, and narrowed 2024 guidance with improved leverage.RBREW
Q3 2024 TU14 Jan 2026 - Q1 2025 EBIT up 4% and EPS up 25%, with full-year outlook maintained amid uncertainty.RBREW
Q1 2025 TU6 Jan 2026 - Record 2024 double-digit growth, strong 2025 outlook, and new DKK 250m share buyback.RBREW
Q4 202422 Dec 2025 - Record earnings, higher dividend, and all board proposals approved amid strategic focus on efficiency and ESG.RBREW
AGM 202529 Nov 2025 - EBIT up 11% in H1 2025, guidance narrowed, and DKK 300m share buyback launched.RBREW
Q2 202523 Nov 2025
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