Carlsberg A/S Price, Forecast, Insider, Ratings, Fundamentals & Signals

London--(business wire)--expereo, the intelligent internet company that connects people, places and things anywhere, today announced carlsberg group as its latest enterprise customer. carlsberg, one of the leading brewery groups in the world, has chosen expereo to manage their internet connectivity in 40 countries at 160 sites in support of their global digital transformation journey. carlsberg group brews some of the world's most popular beers including; tuborg, kronenbourg 1664, poretti, expe.

Gothenburg, sweden, nov. 25, 2020 /prnewswire/ -- on tuesday, 24th of november, 2020, in rheinfelden, switzerland, bruno blin, president of the volvo group subsidiary renault trucks, handed over the keys of a d wide z.e. to thomas amstutz, ceo of feldschlÖsschen, a subsidiary of the...

I expect growth to revert back to mid single-digit as guided, with margin expansion and rerating of valuation. The company's revenue is split between Western Europe (50%), Asia (32%), and Central and East Europe (18%). Premiumization is a major trend that should continue to support higher pricing growth.

Investors looking for stocks in the Beverages - Alcohol sector might want to consider either Carlsberg AS (CABGY) or Diageo (DEO). But which of these two stocks offers value investors a better bang for their buck right now?

Beer sales of Carlsberg brands were forced to rely on price hikes during 2023 and may continue with this strategy in the new financial year, the Danish brewer revealed on Wednesday. Revenues 4.7% to reach more than DKK 73.5 billion (£1 = DKK 8.75) despite organic volumes falling by 0.5% across all operations.

Carlsberg targeted 1%-5% operating profit organic growth this year, and said it would step up investments in the Chinese and Vietnamese markets and its premium brands, expecting long-term revenue growth slightly higher than previously forecast.

Here is how Carlsberg AS (CABGY) and Coca-Cola European (CCEP) have performed compared to their sector so far this year.

CNBC's Mandy Drury spoke to the CEO of Carlsberg Group, Jacob Aarup-Andersen, at the World Economic Forum in Davos about the impacts of the current geopolitical climate on the business.

Diageo PLC (LSE:DGE), the spirits company, has been downgraded from a ‘buy' to ‘neutral' by analysts at the Bank of America. The US bank expects the beverage sector to face a tough 2024 due to suppressed consumer spend on both sides of the Atlantic, foreign exchange headwinds and the risk of tariffs on Cognac in China.

Carlsberg's ADRs look cheap at less than 4x Fwd P/E, but this is due to an incorrect ADR/share conversion ratio. The company is actually trading at 17.5x Fwd P/E, in line with its beverage peers. While Carlsberg is a well-run company with consistent profitability, there is no compelling reason to buy its shares at this time.

The CEO of Danish brewer Carlsberg says Moscow has "stolen" its business in Russia. Moscow seized Carlsberg's assets in July, weeks after the brewer announced it had found a buyer for its Russian business.

That's new Carlsberg CEO Jacob Aarup-Anderson, according to a Reuters account of a journalist call on Tuesday, after Russian President Vladimir Putin this summer ordered the seizure of Carlsberg's stake in its Baltika subsidiary. Earlier this month, Carlsberg ended license agreements that allow for its beers to be produced in the country.