|Bid||756.80 x 0|
|Ask||757.20 x 0|
|Day's Range||750.40 - 759.40|
|52 Week Range||608.50 - 775.60|
|PE Ratio (TTM)||23.45|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||715.93|
Product sampling and social media are key marketing strategies at Carlsberg, says Lars Lehmann, MD at Carlsberg Brewery Malaysia.
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. Vietnam has one of the world's most attractive beer markets and the biggest in Southeast Asia, buoyed by a young population that consumed nearly 4 billion litres last year. The government wants to fully divest its majority stake in Habeco and also in rival Sabeco.
COPENHAGEN, Denmark (AP) — Danish brewer Carlsberg says sales dropped slightly in the third quarter, but was still upgrading its full year outlook although it continued losing market share in its biggest market Russia.
COPENHAGEN (Reuters) - Danish brewer Carlsberg (CARLb.CO) said on Thursday third-quarter sales slipped more than expected, but it lifted its operating profit guidance for 2017. The company said in a trading ...
Heineken (HEIN.AS) is betting on Formula One to help it reclaim the title of leading global lager from Budweiser, a strategy that depends on broadening the sport's appeal in Asia and persuading fans to pay more for their beer. Heineken has grown strongly in Asia over the past five years, but the sales boost was driven by its cheaper Singapore-based Tiger beer brand rather than its higher-margin namesake lager, which it promotes at the Grand Prix. Asian drinkers have also turned to its cheaper rivals Budweiser and Tuborg.
Carlsberg is keen on expanding its stake in Habeco , one of Vietnam's biggest brewers, to at least 51 percent, a local news website reported, citing a Habeco executive. Vietnam plans to privatize Habeco ...
European stocks closed higher on Wednesday afternoon, as geopolitical tensions in the Korean peninsula eased and investors waited braced for the release of minutes from the last Federal Reserve meeting.
HELSINKI (AP) — Danish brewer Carlsberg says its profits rose in the first six months of the year, despite a decline in consumption in the key eastern European market, particularly Russia.
Danish brewer Carlsberg A/S left its full-year profit forecast unchanged and warned of a tougher third quarter, disappointing investors after first-half earnings clearly beat estimates.
Ho Chi Minh called alcohol a poison peddled by French imperialists. Half a century later in the Vietnamese city that bears the revolutionary founder’s name, young women in short skirts haul cases of Tiger ...
The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times * American International Group Inc ...
Paul Davies travels to Belgium every three months to pray with the fathers of Grimbergen Abbey. Beer drinkers answered his call in the first quarter, lifting shipments of Grimbergen ale by 25 percent.
Carlsberg (CABGY) is a solid momentum stock that has a favorable Zacks Rank and is seeing solid earnings estimate revisions.
Beer is the undisputed champion of alcoholic beverages . Forbes reported back in 2015 that "big beer" is struggling to remain relevant against craft beer companies, but recent earnings report ...
The world's largest brewer, Anheuser-Busch InBev, reported higher than expected profit growth in the first quarter and said there were signs of a turnaround in Brazil, its second-biggest market, after a two-year slump. Beer volumes finally picked up in Brazil in January to March, the brewer said on Thursday, although it had not fully passed on the cost of 2016 tax increases to consumers and sales costs rose due to a near 40 percent decline in the real against the dollar. The maker of Budweiser, Stella Artois and Corona, which produces more than a quarter of the world's beer, said it expected cost of sales per hectolitre in Brazil to fall later in the year.
Danish brewer Carlsberg says its revenue in the first quarter grew a mere 5 percent as business was impacted by divestments and a positive currency impact. The Copenhagen-based company said Thursday that ...
A rebounding European beer market is buoying Anheuser-Busch InBev NV and Carlsberg A/S, lifting demand for mainstream brands such as Stella Artois and Tuborg.
Massimo Di Dia, chief strategy officer at Carlsberg A/S, will leave the Danish brewer in April, according to a person familiar with the matter.