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Carlsberg CEO Cees't Hart is to retire later this year

Carlsberg CEO to retire after wrapping up Russia exit

Carlsberg's chief executive Cees 't Hart will retire at the end of September, the Danish brewer said today, after he has seen through the sale …

Business • 07 Mar

Carlsberg said sales in the fourth quarter rose by 6% from a year ago

Carlsberg expects lower beer consumption to hit growth

Danish brewer Carlsberg has today forecast organic operating profit growth in 2023 below last year's level as higher beer prices are expected to dent consumption.

Business • 07 Feb

The deal is part of Carlsberg's strategy towards 2027 to grow in categories beyond its core beer market

Carlsberg buys Canada's Waterloo Brewing in $106m deal

Danish brewer Carlsberg has agreed to buy Canadian Waterloo Brewing for a total equity value of around 144 million Canadian dollars ($106m) in cash.

Business • 15 Dec 22

Anheuser-Busch InBev is the world's largest brewer

AB InBev raises 2022 outlook as beer sales accelerate

Anheuser-Busch InBev, the world's largest brewer, today reported higher-than-expected quarterly earnings as beer sales accelerated, and raised its 2022 outlook to the top-end of its …

Business • 27 Oct 22

The Danish brewer today reported third-quarter sales which were broadly in line with expectations

Carlsberg lifts its 2022 profit outlook

Danish brewer Carlsberg has today reported third-quarter sales broadly in line with expectations and lifted its profit forecast for the year despite weakening consumer sentiment.

Business • 26 Oct 22

A former senior executive at telecoms group and drinks maker Diageo, Swedish-born Ulrica Fearn is leaving Equinor after just 16 months at Norway's largest oil and gas company

Equinor CFO steps down, moves to Carlsberg

Equinor's chief financial officer (CFO) will step down next week and take up a position from January 1 as CFO of Danish brewer Carlsberg, the …

Business • 30 Sep 22

Carlsberg, which has three breweries in the country, is among Poland's biggest brewers

Carlsberg's Poland unit could stop production

Danish brewery Carlsberg's subsidiary in Poland could cut or halt beer production due to a lack of carbon dioxide deliveries, that is becoming a problem …

Business • 26 Aug 22

Carlsberg, which also produces brands such as Kronenbourg 1664, Tuborg and Somersby, stuck to its full-year guidance

Carlsberg sales below expectations as higher costs drag

Danish brewer Carlsberg has reported second-quarter revenue below expectations as earnings were hit by higher commodity and energy prices despite a recovery of sales in …

Business • 17 Aug 22

The lift to Carlsberg's growth outlook is positive despite the current squeeze on European consumers amid soaring inflation and product price hikes

Carlsberg lifts its 2022 growth outlook

Danish brewer Carlsberg has today lifted its profit growth forecast for this year on the back of strong performances in Europe and Asia.

Business • 09 Aug 22

Carlsberg is the Western brewer most exposed to the Russian market

Carlsberg seeing interest in its Russian business

Danish brewer Carlsberg said today it was difficult to say what price it could achieve for the Russian business it put up for sale last …

Business • 28 Apr 22

Carlsberg expects $1.4 billion writedown on Russia exit

Carlsberg, the Western brewer most exposed to the Russian market, expects its decision to sell its business there to result in a writedown of about …

Business • 21 Apr 22

Heineken has decided to exit its business in Russia

Heineken and Carlsberg to exit Russian operations

Brewing giants Carlsberg and Heineken have said they will quit Russia, joining an exodus of Western companies as pressure grows on Moscow following its invasion …

Business • 28 Mar 22

Carlsberg has a 31% share of Ukraine's beer market

Companies shut Ukraine operations, watch for sanctions

Soft drinks bottler Coca-Cola HBC has closed its plant in Ukraine, and asked staff in the country to remain at home following Russia's invasion of …

Business • 24 Feb 22

Carlsberg is to look for growth beyond its core beer market over the next five years to focus on categories like cider, seltzers and alcohol free beer

Brewer Carlsberg warns of 2022 growth dip

Danish brewer Carlsberg expects organic growth in operating profit to fall short of last year's level, it said today after posting fourth-quarter sales above expectations.

Business • 04 Feb 22

Shares in Carlsberg have risen 10% since the beginning of the year

Carlsberg lifts profit view as beer sales recover

Danish brewer Carlsberg raised its full-year profit guidance on Wednesday after reporting third-quarter revenue slightly above expectations, helped by a recovery of beer sales in …

Business • 27 Oct 21

Carlsberg said it now expects operating profit to grow by between 8% and 11% this year

Carlsberg raises guidance as beer volumes recover

Danish brewer Carlsberg raised its full-year earnings guidance on Wednesday after reporting second-quarter sales above expectations as beer volumes exceeded pre-pandemic levels.

Business • 18 Aug 21

Carlsberg said it expects operating profit to grow between 3% to 10% in 2021

Carlsberg banks on a beer-drinking summer free of curbs

Danish beer brewer Carlsberg is banking on most Covid-19 restrictions being lifted in the coming months to buoy its earnings in its peak summer season …

Business • 05 Feb 21

Second-quarter sales fell 15% from a year earlier to 15.9 billion Danish crowns.

Carlsberg expects profit to fall up to 15%

Danish brewer Carlsberg has said it expects organic operating profit to decline 10%-15% this year, as lockdowns will impact sales in the second half of …

Business • 13 Aug 20

Higher sales in supermarkets are not compensating for loss of revenue in bars in western Europe, Carlsberg said

Carlsberg sees worse to come as lockdown hits sales

Carlsberg said today that worse is still to come after a 7% decline in first quarter sales, as increased beer sales in supermarkets failed to …

Business • 30 Apr 20

Carlsberg has been rolling out its beers in major Chinese cities over the past three years - and says it will keep doing this despite the impact of the coronavirus

Carlsberg maintains China strategy despite virus impact

Empty Chinese streets and karaoke bars will hit short-term sales in Carlsberg's biggest market, but the Danish brewer has said it was not changing its …

Business • 04 Feb 20

The company said for the full year it would benefit from increased sales, higher prices and a shift in consumer taste

Rising costs offset higher beer sales for Heineken

Heineken, the world's second-largest brewer, has missed estimates for first-half profit as rising input costs offset higher beer sales.

Business • 29 Jul 19

Out with the old - the old Carlsberg branding is to be replaced

Carlsberg admits it is 'probably not the best beer'

Carlsberg has reacted to consumer distaste for its lager by admitting that it was "probably not" the best in the world.

News Lens • 17 Apr 19

Carlsberg today reported growth in sales, stronger profit margins and reduced debt

Sunshine and soccer helped Carlsberg return to growth

Brewer Carlsberg's sales rose last year for the first time in three years, helped by strength in China and the long, hot summer in Northern …

Business • 06 Feb 19

Carlsberg's total sales in the second quarter rose to 18.3 billion Danish crowns (€2.45 billion)

Carlsberg Q2 sales boosted by World Cup

Danish brewer Carlsberg has posted better-than-expected second-quarter sales and raised full-year profit outlook, buoyed by strong sales in Russia during the World Cup.

Business • 16 Aug 18

Carlsberg said it continued to lose market share in Russia, which accounts for around a fifth of sales

Carlsberg keeps outlook despite disappointing Q1 sales

Danish brewer Carlsberg said its sales fell 5% in the first quarter, weighed by a negative currency impact and lower volumes in its key Russian …

Business • 01 May 18