|Bid||128.55 x 35000|
|Ask||131.05 x 35000|
|Day's Range||133.35 - 133.35|
|52 Week Range||105.90 - 141.50|
|Beta (5Y Monthly)||0.59|
|PE Ratio (TTM)||91.78|
|Forward Dividend & Yield||2.81 (2.08%)|
|Ex-Dividend Date||Mar 17, 2020|
|1y Target Est||N/A|
Budweiser brewer Anheuser-Busch InBev has been downgraded by JP Morgan over intensifying competition from hard seltzer in the U.S. and the impact of the coronavirus.
Last week saw the newest yearly earnings release from Carlsberg A/S (CPH:CARL B), an important milestone in the...
Health officials have confirmed the second death from a coronavirus infection outside of mainland China as the number of coronavirus cases continue to rise.
Carlsberg shares moved higher on Tuesday despite the Danish brewer warning that the coronavirus would hit sales in China.
Empty Chinese streets and karaoke bars will hit short-term sales in Carlsberg's biggest market, but the Danish brewer said on Tuesday it was not changing its forecast or strategy for China as a result of the coronavirus outbreak.
Twelve leading beer, wine and spirits companies have pledged to put clear age-restriction labels on their drinks and set tighter controls on access to their online content in a bid to reduce underage drinking. The International Alliance for Responsible Drinking (IARD), which includes Anheuser-Busch InBev, Diageo and Pernod Ricard, say age-restriction symbols or wording would be in place in all markets by 2024. The labels would also extend to alcohol-free versions of established brands.
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll apply a basic...
Danish brewer Carlsberg revised upwards its annual profit growth outlook on Monday, saying it now expects organic operating profit to rise by around 10% versus a previous forecast for a "high single-digit" percentage increase. The world's third biggest brewer cited solid earnings in its major markets Western Europe and China, which it said more than offset weakness in Russia, its second largest market. "We are very pleased to be able to deliver a second upgrade this year due to solid earnings performance in Western Europe and China," Carlsberg's chief executive Cees 'T Hart said in a statement.
When we invest, we're generally looking for stocks that outperform the market average. And in our experience, buying...
The investigations unit of India's Competition Commission has concluded that Anheuser-Busch InBev , Carlsberg and United Breweries colluded to fix beer prices, two people with direct knowledge told Reuters. The Competition Commission of India (CCI) launched the investigation after AB InBev told the watchdog it had detected an industry cartel, leading in 2018 to dawn raids at the three brewers' offices to collect evidence.
Asia, the brewer's fastest-growing region, saw organic net revenue growth of 15%, lifted by 8.5% volume growth and increased sales of premium brands, despite a slight decline in China and a 3 percent volume slide in Russia, its top markets. Just last week, Carlsberg raised its expectations for organic operating profit to "high-single-digit" from "mid-single-digit" percentage growth and said it had achieved a strong operating margin improvement. Carlsberg has shifted its focus from cost-cutting to revenue growth, especially by selling more of its pricier brands.
Danish brewery Carlsberg reported a rise in revenue for Craft Beer sales for the first half of the year amid strong growth in Asia. Yahoo Finance’s Oscar Williams-Grut joins On the Move to discuss.