|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||26.32 - 26.47|
|52 Week Range||20.88 - 26.47|
|Beta (3Y Monthly)||0.77|
|PE Ratio (TTM)||90.92|
|Forward Dividend & Yield||0.55 (2.12%)|
|1y Target Est||N/A|
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Danish brewer Carlsberg on Thursday reported a 9 percent jump in first-quarter sales, partly buoyed by Asian drinkers switching to more expensive beers. Positive currency movements and an acquisition in Cambodia also helped the world's third-largest brewer, behind Anheuser Busch InBev and Heineken, grow Asian sales by 28 percent year-on-year in the first quarter ended March, it said. Carlsberg has taken major cost-cutting measures since Hart took over in 2015, intended to help redress a decade of weakness in its key market Russia.
These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But you can do a lot better than that by buying good quality businesses for attractive prices. For example, the Carlsb...
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! The latest earnings update Carlsberg A/S (CPH:CARL B) released in December 2018 confirmed...
Constellation Brands' (STZ) fourth-quarter fiscal 2019 results gain from solid portfolio depletions and market share growth in the beer business. However, the wine & spirits business remains a weak spot.
Diageo (DEO) looks good on the back of strong fundamentals, continuous innovation and focus on expansion. However, inflationary input and transportation costs, and currency headwinds are concerns.
AMETEK, Guess?, Anthem, Carlsberg and South32 highlighted as Zacks Bull and Bear of the Day
Looking at Carlsberg A/S's (CPH:CARL B) earnings update in December 2018, analysts seem cautiously optimistic, as a 8.6% increase in profits is expected in the upcoming year, against the pastRead More...
Brown-Forman's (BF.B) bottom-line results in third-quarter fiscal 2019 reflect gains from cost discipline. However, effects of retaliatory tariffs on American whiskey are visible in its sales results.
COPENHAGEN (Reuters) - Danish brewer Carlsberg has bought a minority stake in Chinese micro brewery Jing-A, the company said on Friday. Carlsberg will distribute beer produced by Beijing-based Jing-A while ...
AB InBev's (BUD) top and bottom lines for the fourth quarter gain from ongoing revenue management initiatives along with strong performance of premium brands.
It is almost a barman's dream - a keg that can monitor beer levels and alert the brewery for more supplies when stocks are running low, cutting the risk of running out of beer. Danish brewer Carlsberg is introducing the smart beer keg, allowing bar staff to monitor keg levels real-time on a tablet. "This allows us to make sure the right product is available at the right place at the right time," Nancy Cruickshank, who heads digital transformation at Carlsberg, said in an interview.
Positive pricing, strength in Europe and International, and cost savings aid Molson Coors' (TAP) Q4 earnings. Soft global brand volume due to weak demand in the United States and Canada hurts sales.
COPENHAGEN, Denmark (AP) — Danish brewer Carlsberg said Wednesday that its 2018 net profit rose to 5.31 billion kroner ($811 million) from 1.26 billion kroner a year earlier, on strong beer sales across its major markets, boosted by unusually hot weather in western Europe and the football World Cup.
Danish brewer Carlsberg's sales rose last year for the first time in three years, helped by strength in China and the long, hot summer in Northern Europe and Russia, but it warned it expects slower growth in 2019. The world's third-largest brewer behind Anheuser Busch InBev and Heineken, has been through a major cost-cutting program since Chief Executive Cees 't Hart took over in 2015, intended to help redress a decade of weakness in its key market Russia. Carlsberg took control of Russian brand Baltika in 2008, shortly before the Russian market was hit by a weak economy, advertising restrictions and tax hikes to curb drinking.
Danish brewer Carlsberg posted fourth-quarter sales above expectations on Wednesday. Sales stood at 13.95 billion Danish crowns ($2.13 billion) in the fourth quarter. The world's third-largest brewer told CNBC that profit growth would likely have to slow in 2019.
Danish brewer Carlsberg posted fourth-quarter sales above expectations on Wednesday, driven by a strong growth in China, but said it sees 2019 organic growth below last year's level. Carlsberg, the world's third-largest brewer behind Anheuser Busch InBev and Heineken, said it expects operating profit to grow by mid-single-digit percentage in 2019, well below last year's growth of 11 percent. The company said its price mix, which indicates if the company sold more of its expensive beers, was positive in most markets, most notably in China where it sold more of its premium beer brands.
Denmark's Carlsberg (CARLb.CO) and India's United Breweries (UBBW.NS) have filed pleas with Indian authorities, seeking leniency in a probe into alleged collusion to fix beer prices, five sources familiar with the matter told Reuters. The Competition Commission of India (CCI) has been investigating the two companies, as well as the world's largest brewer Anheuser-Busch InBev (AB InBev) (ABI.BR). Last year, as previously reported by Reuters, AB InBev told the regulator it had discovered an industry cartel that discussed and agreed on beer prices before submitting them to Indian states, which regulate pricing.
Carlsberg CEO Cees 't Hart discusses the firm’s better-than-expected earnings and the company’s growth ambitions in the Chinese market.