Carlsberg A/S (CPH:CARL.B)
Denmark · Delayed Price · Currency is DKK | Market Cap | 117.86B -2.3% |
| Revenue (ttm) | 89.10B +19.4% |
| Net Income | 5.96B |
| EPS | 44.90 |
| Shares Out | 132.17M |
| PE Ratio | 18.81 |
| Forward PE | 13.03 |
| Dividend | 29.00 (3.43%) |
| Ex-Dividend Date | Mar 17, 2026 |
| Volume | 136,299 |
| Average Volume | 202,537 |
| Open | 845.00 |
| Previous Close | 845.00 |
| Day's Range | 831.60 - 846.20 |
| 52-Week Range | 737.40 - 1,015.00 |
| Beta | 0.65 |
| RSI | 49.58 |
| 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 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.
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 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 all proposals, including a record dividend and revised remuneration policy. Strong financial results were driven by the Britvic acquisition, with strategic focus on sustainability and portfolio expansion. Shareholders engaged on governance, remuneration, and sustainability targets.
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 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…
Carlsberg upgraded to Buy from Neutral at UBS
UBS upgraded Carlsberg (CABGY) to Buy from Neutral with a price target of DKK 1,060, up from DKK 810. Carlsberg’s move into the European soft drinks category comes at a…
Carlsberg upgraded to Buy from Neutral at UBS
UBS upgraded Carlsberg (CABGY) to Buy from Neutral with a price target of DKK 1,060, up from DKK 810.
Carlsberg price target lowered to DKK 1,130 from DKK 1,160 at Deutsche Bank
Deutsche Bank lowered the firm’s price target on Carlsberg (CABGY) to DKK 1,130 from DKK 1,160 and keeps a Buy rating on the shares.
Carlsberg upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Celine Pannuti upgraded Carlsberg (CABGY) to Overweight from Neutral with a price target of DKK 975, up from DKK 850. The firm maintains a bullish stance on tobacco…
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 Beer Volumes Fall on Tough Consumer Sentiment
The brewer reported a 3% drop in organic volumes but maintained its full-year guidance.
Carlsberg posts Q3 sales slightly below expectations, keeps full-year profit guidance
Carlsberg posted third-quarter sales slightly below expectations and maintained its full-year earnings forecast on Thursday as the Danish brewer flagged a continued challenging consumer environment.