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Carlsberg A/S (CARLb.CO)

CARLb.CO on Copenhagen Stock Exchange

770.80DKK
21 Sep 2018
Change (% chg)

kr.14.00 (+1.85%)
Prev Close
kr.756.80
Open
kr.759.60
Day's High
kr.773.20
Day's Low
kr.758.00
Volume
350,117
Avg. Vol
249,111
52-wk High
kr.800.60
52-wk Low
kr.680.00

Latest Key Developments (Source: Significant Developments)

Carlsberg increases ownership in Cambodian brewer Cambrew to 75 pct
Monday, 13 Aug 2018 03:00am EDT 

Aug 13 (Reuters) - CARLSBERG A/S ::CARLSBERG SAYS HAS INCREASED ITS OWNERSHIP IN THE CAMBODIAN BREWER CAMBREW LIMITED (CAMBREW) BY 25 PERCENT AND NOW OWNS 75 PERCENT.“THE INCREASED OWNERSHIP OF CAMBREW IS IN LINE WITH OUR STRATEGIC PRIORITY OF GROWING OUR BUSINESS IN ASIA. THE TRANSACTION GIVES US MANAGEMENT CONTROL OF THE BUSINESS IN A BEER MARKET THAT OFFERS APPEALING LONG-TERM GROWTH OPPORTUNITIES," SAYS CEO CEES ’T HART ."BY DRIVING THE ICONIC ANGKOR PREMIUM BEER BRAND, TOGETHER WITH OUR INTERNATIONAL PREMIUM PORTFOLIO AND A SUCCESSFUL SOFT DRINKS BUSINESS, WE’RE WELL POSITIONED TO CAPTURE THE GROWTH OPPORTUNITIES IN CAMBODIA".  Full Article

Carlsberg Is Planning To List Its India Business - BloombergQuint
Wednesday, 13 Jun 2018 05:33am EDT 

June 13 (Reuters) - :CARLSBERG IS PLANNING TO LIST ITS INDIA BUSINESS - BLOOMBERGQUINT.CARLSBERG INTERVIEWING POTENTIAL ARRANGERS FOR THE SHARE SALE OVER THE NEXT FEW WEEKS - BLOOMBERGQUINT.  Full Article

Carlsberg hires Chief Commercial Officer from March 1
Monday, 12 Feb 2018 07:00am EST 

Feb 12 (Reuters) - CARLSBERG CARLB.CO::SAYS JESSICA SPENCE WILL JOIN THE GROUP'S EXECUTIVE COMMITTEE FROM 1 MARCH 2018 AS CHIEF COMMERCIAL OFFICER.SPENCE JOINED THE CARLSBERG GROUP'S ASIA REGION AS VICE PRESIDENT COMMERCIAL IN 2012, AND SHE HAS SINCE 2015 BEEN GLOBALLY RESPONSIBLE FOR THE GROUP'S COMMERCIAL FUNCTION.  Full Article

Carlsberg CEO Says Not Focused On Regaining Lost Market Share In Russia
Wednesday, 7 Feb 2018 08:45am EST 

Feb 7 (Reuters) - CARLSBERG CARLB.CO CEO CEES 'T HART SAID IN AN INTERVIEW::WILL NOT FOCUS ON REGAINING LOST MARKET SHARE IN RUSSIA BECAUSE THAT WOULD MEAN ENTERING PRICE WAR.EXPECTS MERGED ANHEUSER-BUSCH INBEV, ANADOLU EFES COMPANY IN RUSSIA WILL FOCUS MORE ON VALUE THAN ON VOLUME.HAS NOT SEEN HIGHER BEER PRICES IN CHINA AFTER ANNOUNCED PRICE HIKES BY CR BEER, TSINGTAO BREWERY.DIFFICULT TO PREDICT WHEN VIETNAMESE GOVERNMENT WILL BRING HABECO TO MARKET; THINKS IT WILL BE THIS YEAR.  Full Article

Carlsberg Acquires Remaining 49 Pct Stake in Olympic Brewery In Greece
Tuesday, 6 Feb 2018 06:15am EST 

Feb 6 (Reuters) - CARLSBERG ::SAYS ACQUIRES REMAINING 49% OF OLYMPIC BREWERY IN GREECE.SAYS ACQUISITION FOLLOWS THE 2014 MERGER THROUGH WHICH CARLSBERG GAINED A 51 PCT STAKE.SAYS OLYMPIC BREWERY OPERATES TWO BREWERIES IN THE AREAS OF THESSALONIKI AND EUBOEA.SAYS OLYMPIC BREWERY OFFERS GREEK BEER BRANDS SUCH AS MYTHOS, MYTHOS RADLER, FIX HELLAS, FIX ALCOHOL FREE, FIX DARK, KAISER AND HENNINGER.OLYMPIC BREWERY EMPLOYS APPROXIMATELY 450 PEOPLE IN GREECE AND HAS ESTABLISHED A WIDE NETWORK OF 90.000 DIFFERENT POINTS OF SALE, INCLUDING MORE THAN 2.000 PARTNERS AND SUPPLIERS.CARLSBERG DID NOT DISCLOSE THE VALUE OF THE DEAL.  Full Article

Carlsberg India Establishes New Brewery In Karnataka
Tuesday, 23 Jan 2018 01:23am EST 

Jan 23 (Reuters) - Carlsberg India::CARLSBERG INDIA ESTABLISHES NEW BREWERY IN KARNATAKA WITH ANNUAL PRODUCTION CAPACITY OF 80 MILLION LITRES.CARLSBERG INDIA - NEW BREWERY IN KARNATAKA SHALL MANUFACTURE ALL BRANDS IN CARLSBERG INDIA’S EXISTING PRODUCT PORTFOLIO.  Full Article

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

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Carlsberg to expand France brewery, its largest in Europe

COPENHAGEN Carlsberg said on Wednesday it will increase capacity its Kronenbourg brewery in Obernai, France, its largest in Europe, with a 100 million euro ($117 million) investment.