Carlsberg A/S (CPH:CARL.B)
Denmark · Delayed Price · Currency is DKK | Market Cap | 118.95B +14.2% |
| Revenue (ttm) | 90.29B +15.0% |
| Net Income | 6.40B -28.4% |
| EPS | 48.19 -28.4% |
| Shares Out | 132.17M |
| PE Ratio | 17.79 |
| Forward PE | 12.77 |
| Dividend | 29.00 (3.38%) |
| Ex-Dividend Date | Mar 17, 2026 |
| Volume | 205,334 |
| Open | 845.80 |
| Previous Close | 842.00 |
| Day's Range | 843.80 - 863.20 |
| 52-Week Range | 737.40 - 1,015.00 |
| Beta | 0.66 |
| Analysts | Buy |
| Price Target | 1,049.86 (+22.48%) |
| Est. Earnings | Oct 30, 2026 |
About Carlsberg
Carlsberg A/S produces and markets beer, soft drinks, and other beverage products in Western Europe, Asia, Central and Eastern Europe, India, and internationally. The company was founded in 1847 and is headquartered in Copenhagen, Denmark. [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 StatementsAnalyst Summary
According to 23 analysts, the average rating for CARL.B stock is "Buy." The 12-month stock price target is kr 1,050, which is an increase of 22.48% from the latest price.
News
Carlsberg Earnings Call Transcript: Q2 2026
Solid H1 2026 results with organic revenue up 2.7% and operating profit up 5.9%, driven by strong Britvic synergies, Pepsi partnership expansion, and robust growth in soft drinks and premium categories. Guidance for organic operating profit growth was raised to 4%-6% for the year.
Carlsberg Quarterly report: Q2 2026
Carlsberg has published its Q2 2026 quarterly earnings report on August 19, 2026.
Carlsberg Slides: Q2 2026
Carlsberg has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 19, 2026.
Carlsberg Lifts Lower End of Guidance, Books Strong Growth in Soft Drinks, Alcohol-Free Brews
Soft drinks and other beverages delivered 7.8% growth, driven by gains in multiple markets, while beer volumes declined slightly.
Brewer Carlsberg misses half-year profit estimate, narrows full-year forecast
Danish brewer Carlsberg reported first-half operating profit of 7.45 billion Danish crowns ($1.15 billion) on Wednesday, behind analyst expectations for 7.55 billion crowns, and narrowed the...
Carlsberg's 'hydration break' jab spotlights growing corporate rift over FIFA stake sale
Danish brewer Carlsberg's jab at FIFA President Gianni Infantino highlighted how a growing backlash against the governing body's proposed stake sale is spilling into the corporate sector, even as many...
Carlsberg and Sapporo Breweries to Form JV in Southeast Asia and Hong Kong
Carlsberg will hold a 75% stake, retain full operational control and receive $643 million in cash from Sapporo, which will hold the remainder.
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 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 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 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 CEO 'pleased with performance in a weak environment'
Carlsberg CEO Jacob Aarup-Andersen discusses consumer weakness across global markets, volume challenges, and how the company continues to gain market share in key regions like China and the U.K. despi...
Carlsberg Earnings Call Transcript: Q3 2025
Strong reported growth driven by Britvic and Gorkha Brewery offset soft consumer demand and challenges in Ukraine and Poland. Full-year earnings guidance is maintained, with cost actions and investments supporting resilience and market share gains, especially in soft drinks and premium segments.
Carlsberg Earnings release: Q3 2025
Carlsberg released its Q3 2025 earnings on October 30, 2025, summarizing the period's financial results.
Carlsberg Slides: Q3 2025
Carlsberg has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on October 30, 2025.