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Carlsberg A/S (CARLb.CO)

CARLb.CO on Copenhagen Stock Exchange

747.00DKK
17 Jan 2018
Change (% chg)

kr.6.60 (+0.89%)
Prev Close
kr.740.40
Open
kr.740.40
Day's High
kr.747.00
Day's Low
kr.734.20
Volume
374,861
Avg. Vol
274,529
52-wk High
kr.775.60
52-wk Low
kr.602.50

Latest Key Developments (Source: Significant Developments)

Carlsberg CEO says Russian Q3 volumes declined by 17 pct
Thursday, 2 Nov 2017 03:00am EDT 

Nov 2 (Reuters) - CARLSBERG CARLB.CO CEO CEES 'T HART MADE FOLLOWING AFTER THE FIRM'S THIRD-QUARTER EARNINGS: :SAW 17 PERCENT VOLUME DECLINE IN RUSSIA IN Q3.EXPECTS TO DELIVER 60 PERCENT OF DKK2 BILLION COST CUTTING PROGRAMME IN 2017.STICKS TO PREMIUM STRATEGY IN RUSSIA; GAINED "A BIT" MARKETS SHARE IN RUSSIA IN Q3.SAYS IS STILL NEGOTIATING WITH THE VIETNAMESE GOVERNMENT ON BUYING HABECO STAKE, BUT NO MATERIAL CHANGE SINCE Q2.  Full Article

Carlsberg lifts 2017 operating profit growth guidance
Wednesday, 1 Nov 2017 11:10pm EDT 

Nov 2 (Reuters) - CARLSBERG :SAYS NOW EXPECTS 2017 ‍ORGANIC OPERATING PROFIT GROWTH OF 7-8% (PREVIOUSLY MID-SINGLE-DIGIT PERCENTAGE GROWTH).Q3 REVENUE ‍16.7​ BILLION VERSUS 17.1 BILLION SEEN IN REUTERS POLL.SAYS ‍PRICE/MIX OF 3%​.SAYS ‍Q3 VOLUMES, AS EXPECTED, WERE IMPACTED BY PET DOWNSIZING IN RUSSIA, TOUGH COMPARABLES IN EASTERN EUROPE AND POOR WEATHER IN WESTERN EUROPE​.SAYS Q3 ‍TOTAL VOLUME -4%​.CEO SAYS ‍IN Q3, OUR PREMIUMISATION EFFORTS CONTINUED TO DELIVER A SOLID PRICE/MIX DEVELOPMENT​.SAYS ‍POSITIVE TRANSLATION IMPACT OF AROUND DKK 75M NOW EXPECTED (PREVIOUSLY DKK +50M)​.Q3 TOTAL VOLUMES 32.1 ‍​ MILLION HL VERSUS 38.1 MILLION SEEN IN REUTERS POLL.SAYS ‍FUNDING JOURNEY PROGRESSING WELL AND TOTAL NET BENEFITS NOW EXPECTED TO BE AROUND DKK 2BN​.  Full Article

Carlsberg H1 operating profit at 4.13 bln; beats forecast
Wednesday, 16 Aug 2017 01:00am EDT 

Aug 16 (Reuters) - CARLSBERG SAYS :H1 REVENUE 31,765 BILLION DKK VERSUS 32.35 BILLION DKK SEEN IN REUTERS POLL.H1 OPERATING PROFIT BEFORE SPECIAL ITEMS 4,125 MILLION VERSUS 3,918 MILLION SEEN IN REUTERS POLL.SAYS STILL EXPECT MID-SINGLE-DIGIT PERCENTAGE GROWTH IN ORGANIC OPERATING PROFIT.SAYS POSITIVE TRANSLATION IMPACT OF AROUND DKK 50M NOW EXPECTED (PREVIOUSLY DKK +300M).SAYS FINANCIAL EXPENSES, EXCLUDING CURRENCY LOSSES OR GAINS AND FAIR VALUE ADJUSTMENTS, ARE NOW EXPECTED TO BE AROUND DKK 1BN (PREVIOUSLY DKK 1.0-1.1BN).CEO SAYS OUR STRONG FINANCIAL RESULTS ENABLE US TO ACCELERATE OUR INVESTMENTS IN SAIL'22 PRIORITIES TO DRIVE SUSTAINABLE LONG-TERM GROWTH.SAYS TOTAL ORGANIC VOLUME DOWN 2%, IMPACTED BY PET DOWNSIZING IN RUSSIA.THE RUSSIAN BEER MARKET DECLINED BY AN ESTIMATED 5% FOR THE SIX MONTHS.SAYS SIGNIFICANTLY IMPROVED PROFITABILITY IN RUSSIA.  Full Article

Carlsberg Q1 sales beat expectations, maintains 2017 outlook
Thursday, 4 May 2017 01:00am EDT 

May 4 (Reuters) - Carlsberg :Q1 organic net revenue growth of 4 percent; reported growth of 5 percent to DKK 13.7 bln.Q1 revenue 13,702 million DKK versus 13,478 million DKK seen in Reuters poll (Q1 2016: 13,011).Q1 total volumes 28.9 million hl versus 28.8 million hl seen in Reuters poll (Q1 2016: 29.3 million hl).Says 2017 earnings expectation of mid-single-digit percentage organic growth in operating profit maintained.Says positive translation impact of around DKK 300 mln now expected (previously DKK 350 mln).Says Q1 solid price/mix of +4 percent.Says Q1 total volumes flat organically.CEO says "we're on track to deliver on our 2017 commitments"."Our volumes grew in Ukraine, Kazakhstan and Belarus while, as anticipated, declining in Russia. This decline was caused by the impact of the PET restrictions that came into effect as of 1 January 2017 as well as the underlying market decline".  Full Article

BRIEF-Carlsberg Q1 sales beat expectations, maintains 2017 outlook
Thursday, 4 May 2017 01:00am EDT 

Repeats without changes to text:Q1 organic net revenue growth of 4 percent; reported growth of 5 percent to DKK 13.7 bln.Q1 revenue 13,702 million DKK versus 13,478 million DKK seen in Reuters poll (Q1 2016: 13,011).Q1 total volumes 28.9 million hl versus 28.8 million hl seen in Reuters poll (Q1 2016: 29.3 million hl).Says 2017 earnings expectation of mid-single-digit percentage organic growth in operating profit maintained.Says positive translation impact of around DKK 300 mln now expected (previously DKK 350 mln).Says Q1 solid price/mix of +4 percent.Says Q1 total volumes flat organically.CEO says "we're on track to deliver on our 2017 commitments"."Our volumes grew in Ukraine, Kazakhstan and Belarus while, as anticipated, declining in Russia. This decline was caused by the impact of the PET restrictions that came into effect as of 1 January 2017 as well as the underlying market decline".  Full Article

Prevas: new process solution to Carlsberg's facility in Ramlösa
Tuesday, 28 Feb 2017 04:14am EST 

Prevas AB : Says increased productivity with process solution from Prevas . Prevas is delivering new process solution to Carlsberg's facility in Ramlösa .Order is valued at about 14 million Swedish crowns ($1.6 million).  Full Article

Aarsleff to construct new headquarters for Carlsberg Group
Friday, 10 Feb 2017 05:28am EST 

Per Aarsleff Holding A/S : Aarsleff to construct new headquarters for the Carlsberg Group . Aarsleff Group's company Wicotec Kirkebjerg A/S will carry out technical installations . Contract is a main contract . Client of project is Carlsberg A/S . Construction work starts at end of February 2017 and is scheduled for completion in late summer of 2019 .Client does not want to publish contract value.  Full Article

Carlsberg said to consider bid for $1.2 billion Tsingtao stake - Bloomberg, citing sources
Wednesday, 8 Feb 2017 12:07pm EST 

Tsingtao Brewery Co Ltd <600600.SS> : Carlsberg said to consider bid for $1.2 billion Tsingtao stake - Bloomberg, citing sources . Carlsberg is working with an adviser on a potential bid for the Tsingtao stake being sold by Asahi Group Holdings Ltd - Bloomberg, citing sources Source: [http://bloom.bg/2kIgeOb] ((Bangalore.newsroom@thomsonreuters.com ;)).  Full Article

Carlsberg Q4 revenue lower than expected
Wednesday, 8 Feb 2017 01:00am EST 

Danish brewer Carlsberg : Q4 revenue 13,837 million Danish crowns ($1.99 billion)versus 14,743 million seen in Reuters poll . Q4 total volumes 28.8 million hl versus 30.3 million hl seen in Reuters poll . 2016 full-year net profit 4,486 million crowns versus 4,455 million seen in Reuters poll . Says expects to deliver mid-single-digit organic operating profit growth in 2017 and a further reduction in financial leverage . Says based on spot rates as at February 6, a translation impact of 350 million Danish crowns ($50.3 million) is expected . Says for 2016, supervisory board will propose an increase of 11 pct in dividend to 10.0 crowns per share in light of strong cash flow . Says 2016 reported net revenue of 62.6 billion crowns . Says 2016 reported net profit 4,486 million crowns (-2,926 mln in 2015, impacted by special items) . Says "in 2017, we're determined to achieve a substantial proportion of remaining funding journey benefits, allowing us to grow earnings organically and invest in Sail'22-related activities" .Says capital expenditures are expected to be approximately 4 billion crowns in 2017.  Full Article

Carlsberg CFO expects limited direct effect from Brexit
Wednesday, 17 Aug 2016 02:31am EDT 

Carlsberg A/S : Chief Financial Officer Heine Dalsgaard says the direct effect on the Group's revenue and profits from the UK's vote to leave the European Union is going to be limited . CFO says is more concerned about the effect on other European countries and consumers' reaction. Further company coverage: [CARLb.CO] (Copenhagen newsroom) ((copenhagen.newsroom@thomsonreuters.com; +45 33 96 96 03;)).  Full Article

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Carlsberg moves closer to Habeco deal in Vietnam

COPENHAGEN Danish brewer Carlsberg has edged closer to reaching an agreement with the Vietnamese government to increase its stake in Habeco , one of Vietnam's biggest brewers, which it hopes will speed up the process.