Carlsberg A/S (CPH:CARL.B)
Denmark · Delayed Price · Currency is DKK | Market Cap | 122.59B +0.0% |
| Revenue (ttm) | 89.10B +19.4% |
| Net Income | 5.96B |
| EPS | 44.90 |
| Shares Out | 132.17M |
| PE Ratio | 19.53 |
| Forward PE | 13.22 |
| Dividend | 29.00 (3.31%) |
| Ex-Dividend Date | Mar 17, 2026 |
| Volume | 621,529 |
| Open | 880.00 |
| Previous Close | 877.00 |
| Day's Range | 858.80 - 884.60 |
| 52-Week Range | 737.40 - 1,015.00 |
| Beta | 0.65 |
| Analysts | Buy |
| Price Target | 1,047.00 (+21.55%) |
| Earnings Date | Aug 19, 2026 |
About Carlsberg
Carlsberg A/S produces and markets beer, soft drinks, and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers abbey beer, alcohol-free drinks, ale, American dark lager, Belgian ale, Belgian pale ale, bock, Bosomian Pilsners, brown ale, cider, dark lager, dubbel, energy drink, English pale ale, European dark and strong lager, European lager and pale lager, fruit beer, golden ale, hard seltzer, Hefeweizen, India pale ale, juices, Kellerbier, Kvass, lager, light beer, light pilsners, march beer, m... [Read more]
Financial Performance
In 2025, Carlsberg's revenue was 89.10 billion, an increase of 18.78% compared to the previous year's 75.01 billion. Earnings were 5.96 billion, a decrease of -34.68%.
Financial StatementsNews
Carlsberg Research Laboratory unlocks the genetic code of hops, helping protect the future of beer in a warming world
New research published in Nature Communications is being shared freely to help scientists, farmers and brewers worldwide protect and improve one of beer's most essential ingredients
Global food and beverage giants join forces on regenerative agriculture
Forty major food and agriculture groups, including Carlsberg , Diageo , Nestle and Mondelez , have signed a joint declaration to advance and scale regenerative agriculture, a non-profit network sa...
Carlsberg CEO: Any cost increases will be covered by price
Carlsberg CEO Jacob Aarup‑Andersen discusses premium beer growth, pricing, energy costs, and shifting consumer habits toward moderation and alcohol‑free drinks.
Carlsberg Earnings Call Transcript: Q1 2026
Delivered 3.6% organic revenue growth and strong volume gains in growth categories, with Asia rebounding and Western Europe and C&I regions contributing. Maintains 2026 earnings guidance, expands Pepsi partnership, and launches new ESG program.
Carlsberg Earnings release: Q1 2026
Carlsberg released its Q1 2026 earnings on April 29, 2026, summarizing the period's financial results.
Carlsberg Slides: Q1 2026
Carlsberg has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 29, 2026.
Danish Brewer Carlsberg Books Boost From Soft Drinks, Premium Beers
The company said it had seen no major changes in consumer behavior over the year's first three months, despite a “volatile and uncertain” geopolitical environment.
Carlsberg Slides: Corporate presentation
Carlsberg has posted slides in relation to its latest quarterly earnings report, which was published on April 29, 2026.
Carlsberg price target lowered to DKK 1,060 from DKK 1,090 at Citi
Citi lowered the firm’s price target on Carlsberg (CABGY) to DKK 1,060 from DKK 1,090 and keeps a Buy rating on the shares.
Carlsberg upgraded to Hold from Sell at Nordea
Nordea upgraded Carlsberg (CABGY) to Hold from Sell.
Carlsberg Transcript: AGM 2026
AGM approved record financial results, a 7% higher dividend, and all board proposals. Strategic focus included Britvic integration, sustainability, and expanding premium and soft drink categories. Shareholders raised questions on remuneration and sustainability, all addressed by management.
Carlsberg upgraded to Buy from Hold at Berenberg
Berenberg upgraded Carlsberg (CABGY) to Buy from Hold with a price target of DKK 1,090, up from DKK 1,033. The firm says that with the acquisition of Britvic, Carlsberg has…
Carlsberg price target raised to DKK 1,090 from DKK 1,040 at Citi
Citi analyst Simon Hales raised the firm’s price target on Carlsberg (CABGY) to DKK 1,090 from DKK 1,040 and keeps a Buy rating on the shares.
Carlsberg price target raised to DKK 1,180 from DKK 1,160 at Deutsche Bank
Deutsche Bank raised the firm’s price target on Carlsberg (CABGY) to DKK 1,180 from DKK 1,160 and keeps a Buy rating on the shares.
Carlsberg price target raised to DKK 1,080 from DKK 1,010 at RBC Capital
RBC Capital analyst James Edwardes Jones raised the firm’s price target on Carlsberg (CABGY) to DKK 1,080 from DKK 1,010 and keeps an Outperform rating on the shares. Published first…
Carlsberg downgraded to Sell from Hold at Nordea
Nordea downgraded Carlsberg (CABGY) to Sell from Hold with a DKK 780 price target The firm sees “tough times” for the company as consumers shy away from alcohol. Published first…
Carlsberg Earnings Call Transcript: Q4 2025
Britvic acquisition drove strong revenue and profit growth, with rapid synergy realization and integration. Premium, soft drinks, and alcohol-free categories outperformed, while guidance for 2026 remains cautious amid macro uncertainty. Dividend increased 7% to DKK 29 per share.
Carlsberg Annual report: Q4 2025
Carlsberg has published its Q4 2025 annual report on February 4, 2026.
Carlsberg Quarterly report: Q4 2025
Carlsberg has published its Q4 2025 quarterly earnings report on February 4, 2026.
Carlsberg Slides: Q4 2025
Carlsberg has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 4, 2026.
Carlsberg Net Profit Falls as Beer Consumption Declines
Earnings fell as the Danish brewer increasingly relies on its soft drink offerings as consumer appetite for beer softened.
Carlsberg CEO on growth and innovation in low- and zero-alcohol drinks
Carlsberg CEO Jacob Aarup-Andersen tells CNBC's Dan Murphy in Davos that low- and no-alcohol drinks are becoming a bigger share of sales and a key focus for R&D. He also identifies India and Central A...
Carlsberg price target lowered to DKK 940 from DKK 945 at Morgan Stanley
Morgan Stanley analyst Sarah Simon lowered the firm’s price target on Carlsberg (CABGY) to DKK 940 from DKK 945 and keeps an Overweight rating on the shares. Published first on…
Carlsberg upgraded to Outperform from Neutral at BNP Paribas
BNP Paribas analyst Gen Cross upgraded Carlsberg (CABGY) to Outperform from Neutral with a DKK 1,000 price target
Carlsberg price target raised to DKK 1,160 from DKK 1,130 at Deutsche Bank
Deutsche Bank analyst Mitch Collett raised the firm’s price target on Carlsberg (CABGY) to DKK 1,160 from DKK 1,130 and keeps a Buy rating on the shares. Published first on…