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Carlsberg A/S (CARLb.CO)

CARLb.CO on Copenhagen Stock Exchange

1,000.50DKK
23 Aug 2019
Change (% chg)

kr.0.90 (+0.09%)
Prev Close
kr.999.60
Open
kr.1,003.50
Day's High
kr.1,010.00
Day's Low
kr.997.60
Volume
218,038
Avg. Vol
305,477
52-wk High
kr.1,021.50
52-wk Low
kr.685.40

Latest Key Developments (Source: Significant Developments)

Carlsberg Q2 Net Profit Up At DKK 3.08 Bln
Thursday, 15 Aug 2019 

Aug 15 (Reuters) - Carlsberg A/S ::REG-FINANCIAL STATEMENT AS AT 30 JUNE 2019.H1 ORGANIC NET REVENUE GROWTH OF 4.2% (Q2: +2.6%); REPORTED NET REVENUE GROWTH OF 6.5% TO DKK 32,990M (Q2: +4.6%)..H1 PRICE/MIX IMPROVEMENT OF +3% (Q2: +3%); POSITIVE IN ALL THREE REGIONS..H1 TOTAL ORGANIC VOLUME GROWTH OF 1.4% (Q2: -0.1%). * TUBORG VOLUME GROWTH +4%, CARLSBERG -3%, GRIMBERGEN +4% AND 1664 BLANC +29%..H1 ORGANIC OPERATING PROFIT GROWTH OF 17.7%; REPORTED GROWTH OF 18.2% TO DKK 5,171M..H1 OPERATING MARGIN IMPROVEMENT OF +160BP TO 15.7%..H1 REPORTED NET PROFIT UP 24.6% TO DKK 3,079M. ADJUSTED NET PROFIT UP 15.1% TO DKK 2,884M..COMPANY WILL TODAY INITIATE A DKK 2BN SHARE BUY-BACK.BEER VOLUMES DECLINED ORGANICALLY BY 4.1% DUE TO TOUGH COMPARABLES, WITH LAST YEAR POSITIVELY IMPACTED BY WARM WEATHER AND THE FOOTBALL WORLD CUP, AND MARKET SHARE LOSSES IN RUSSIA AND UKRAINE.THIS IS SECOND TRANCHE OF ITS 12-MONTH DKK 4.5BN SHARE BUY-BACK PROGRAMME (SEE PAGE 16) AS ANNOUNCED ON 6 FEBRUARY 2019..2019 OUTLOOK: A TRANSLATION IMPACT ON OPERATING PROFIT OF AROUND DKK +100M, BASED ON SPOT RATES AT 14 AUGUST (PREVIOUSLY DKK +150M)..RUSSIA OUR TOTAL VOLUMES DECLINED ORGANICALLY BY 3%.2019 OUTLOOK: FINANCIAL EXPENSES, EXCLUDING CURRENCY LOSSES OR GAINS, ARE EXPECTED TO BE AROUND DKK 700M (PREVIOUSLY DKK 700-750M)..SAYS WE DELIVERED A STRONG SET OF RESULTS FOR FIRST SIX MONTHS OF 2019, WITH HEALTHY TOP-LINE DEVELOPMENT, STRONG MARGIN IMPROVEMENT AND CONTINUED SOLID CASH FLOW.  Full Article

Carlsberg CEO Says Not Concerned About Losing Market Share In Russia; To Focus On Value
Thursday, 2 May 2019 

May 2 (Reuters) - Carlsberg A/S ::CARLSBERG CEO SAYS NOT CONCERNED ABOUT LOSING MARKET SHARE IN RUSSIA; FOCUS ON VALUE.CARLSBERG CEO SAYS CONVERSATIONS CONTINUE WITH REGARDS TO HABECO IN VIETNAM, NO NEW DEVELOPMENT.  Full Article

Carlsberg Q1 Sales Beat Forecast
Thursday, 2 May 2019 

May 2 (Reuters) - Carlsberg A/S ::Q1 REVENUE DKK 13.9 BILLION VERSUS DKK 13.56 BILLION SEEN IN REUTERS POLL.PRICE/MIX +3%; POSITIVE ACROSS ALL REGIONS.TOTAL ORGANIC VOLUME GROWTH OF 3.4%.SEES 2019 MID-SINGLE-DIGIT PERCENTAGE ORGANIC GROWTH IN OPERATING PROFIT.SEES IN 2019 A TRANSLATION IMPACT ON OPERATING PROFIT OF AROUND DKK +150M.CEO SAYS WE HAD A GOOD START TO YEAR, WITH PARTICULARLY STRONG VOLUME GROWTH IN ASIA AND CONTINUED SOLID PROGRESS OF OUR CRAFT & SPECIALITY AND ALCOHOL-FREE PORTFOLIOS.OUR VOLUMES IN RUSSIA DECLINED BY 4% DUE TO MARKET SHARE LOSSES FOLLOWING OUR PRICE INCREASES IN Q4 AND Q1.SAYS NET REVENUE IN WESTERN EUROPE GREW ORGANICALLY BY 2.4% AS A RESULT OF +1% PRICE/MIX AND TOTAL ORGANIC VOLUME GROWTH OF 1.6%.SAYS NET REVENUE IN ASIA IN Q1 GREW ORGANICALLY BY 15.3% AS A RESULT OF +5% PRICE/MIX AND TOTAL ORGANIC VOLUME GROWTH OF 9.5%.  Full Article

Lars Lehmann Appointed To Carlsberg Group's Executive Committee
Tuesday, 12 Mar 2019 

March 12 (Reuters) - Carlsberg A/S ::SAYS LARS LEHMANN IS APPOINTED TO CARLSBERG GROUP’S EXECUTIVE COMMITTEE (EXCOM) AS EXECUTIVE VICE PRESIDENT (EVP) FOR THE EASTERN EUROPEAN REGION.JACEK PASTUSZKA WILL CHANGE FROM EVP EASTERN EUROPE TO WESTERN EUROPE.CURRENT WESTERN EUROPE EVP CHRIS WARMOTH REVERTS TO GROUP STRATEGY AS EVP.  Full Article

Carlsberg Buys Minority Stake In Chinese Micro Brewery Jing-A
Friday, 1 Mar 2019 

March 1 (Reuters) - CARLSBERG CARLB.CO SPOKESMAN SAYS::BUYS MINORITY STAKE IN CHINESE MICRO BREWERY JING-A .INVESTMENT IN JING-A "SMALL".JING-A IS IN CRAFT & SPECIALITY SEGMENT, WHICH IS STILL SMALL IN CHINA.CARLSBERG WILL BE DISTRIBUTOR; JING-A WILL PRODUCE AND DEVELOP BUSINESS.  Full Article

Carlsberg CEO Sees Flat Growth In Russian Beer Market This Year
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - CARLSBERG CARLB.CO CEO CEES 'T HART SAID ON A CONFERENCE CALL::HE SEES FLAT GROWTH IN RUSSIAN BEER MARKET IN 2019.WE DON'T SEE ANY SLOWDOWN IN CHINESE CONSUMERS' BUYING POWER.TOPLINE GROWTH WILL PROBABLY BE A BIT MORE MODEST THIS YEAR VERSUS 2018.LOST MARKET SHARE IN RUSSIA IN Q4'18 DUE TO PRICE INCREASES.STILL INTERESTED IN INCREASING STAKE IN VIETNAM'S HABECO BREWER; WAS TOLD BY VIETNAMESE PM IN DAVOS THAT GOVERNMENT AIMS TO CONCLUDE PRIVATIZATION DRIVE BY END-2020.  Full Article

Carlsberg increases ownership in Cambodian brewer Cambrew to 75 pct
Monday, 13 Aug 2018 

Aug 13 (Reuters) - CARLSBERG A/S ::CARLSBERG SAYS HAS INCREASED ITS OWNERSHIP IN THE CAMBODIAN BREWER CAMBREW LIMITED (CAMBREW) BY 25 PERCENT AND NOW OWNS 75 PERCENT.“THE INCREASED OWNERSHIP OF CAMBREW IS IN LINE WITH OUR STRATEGIC PRIORITY OF GROWING OUR BUSINESS IN ASIA. THE TRANSACTION GIVES US MANAGEMENT CONTROL OF THE BUSINESS IN A BEER MARKET THAT OFFERS APPEALING LONG-TERM GROWTH OPPORTUNITIES," SAYS CEO CEES ’T HART ."BY DRIVING THE ICONIC ANGKOR PREMIUM BEER BRAND, TOGETHER WITH OUR INTERNATIONAL PREMIUM PORTFOLIO AND A SUCCESSFUL SOFT DRINKS BUSINESS, WE’RE WELL POSITIONED TO CAPTURE THE GROWTH OPPORTUNITIES IN CAMBODIA".  Full Article

Carlsberg Is Planning To List Its India Business - BloombergQuint
Wednesday, 13 Jun 2018 

June 13 (Reuters) - :CARLSBERG IS PLANNING TO LIST ITS INDIA BUSINESS - BLOOMBERGQUINT.CARLSBERG INTERVIEWING POTENTIAL ARRANGERS FOR THE SHARE SALE OVER THE NEXT FEW WEEKS - BLOOMBERGQUINT.  Full Article

Carlsberg hires Chief Commercial Officer from March 1
Monday, 12 Feb 2018 

Feb 12 (Reuters) - CARLSBERG CARLB.CO::SAYS JESSICA SPENCE WILL JOIN THE GROUP'S EXECUTIVE COMMITTEE FROM 1 MARCH 2018 AS CHIEF COMMERCIAL OFFICER.SPENCE JOINED THE CARLSBERG GROUP'S ASIA REGION AS VICE PRESIDENT COMMERCIAL IN 2012, AND SHE HAS SINCE 2015 BEEN GLOBALLY RESPONSIBLE FOR THE GROUP'S COMMERCIAL FUNCTION.  Full Article

Carlsberg CEO Says Not Focused On Regaining Lost Market Share In Russia
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - CARLSBERG CARLB.CO CEO CEES 'T HART SAID IN AN INTERVIEW::WILL NOT FOCUS ON REGAINING LOST MARKET SHARE IN RUSSIA BECAUSE THAT WOULD MEAN ENTERING PRICE WAR.EXPECTS MERGED ANHEUSER-BUSCH INBEV, ANADOLU EFES COMPANY IN RUSSIA WILL FOCUS MORE ON VALUE THAN ON VOLUME.HAS NOT SEEN HIGHER BEER PRICES IN CHINA AFTER ANNOUNCED PRICE HIKES BY CR BEER, TSINGTAO BREWERY.DIFFICULT TO PREDICT WHEN VIETNAMESE GOVERNMENT WILL BRING HABECO TO MARKET; THINKS IT WILL BE THIS YEAR.  Full Article