Carlsberg AS

Carlsberg A/S engages in the production and marketing of beer, craft and specialty, and non-alcoholic beer. Its products include Carlsberg, Tuborg Green, 1664 Blanc, Baltika, and Somersby Apple Cider. It operates through the following geographical segments: Western Europe, Asia, and Central and Eastern Europe. The company was founded by Jacob Christian Jacobsen in 1847 and is headquartered in Copenhagen, Denmark.

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Carlsberg A/S (OTCPK:CABGY) Q2 2022 Earnings Conference Call August 17, 2022 3:30 AM ET Company Participants Cees 't Hart - Chief Executive Officer Heine Dalsgaard - Chief Financial Officer Peter Kondrup - Vice President, Investor Relations Conference Call Participants Andrea Pistacchi - Bank of America Laurence Whyatt - Barclays Trevor Stirling - Bernstein Nik Oliver - UBS Mitch Collett - Deutsche Bank Simon Hales - Citi André Thormann - Danske Bank Sanjeet Aujla - Credit Suisse Operator Ladies and gentlemen, welcome to the Carlsberg H1 2022 Financial Statement. For the first part of this call, all participants are in a listen-only mode.

Carlsberg A/S' (CABGY) CEO Cees 't Hart on Q2 2022 Results - Earnings Call Transcript

Danish brewer Carlsberg on Wednesday reported second-quarter revenue below expectations as earnings were hit by higher commodity and energy prices despite a recovery of sales in bars and restaurants.

Carlsberg Q2 sales below expectations as higher costs drag

Danish brewer Carlsberg lifted its operating profit growth outlook for this year as it has been able to resume operation in Ukraine and on the back of strong performance in Europe and Asia, it said on Monday.

Carlsberg lifts 2022 growth outlook

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COPENHAGEN (Reuters) -Carlsberg on Wednesday announced the departure of Chief Financial Officer Heine Dalsgaard, who had a leading role in a major cost-cutting programme to stem its losses in Russia.

Carlsberg CFO to step down

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Carlsberg said its beer sales in Poland fell by 3-4% in March and have continued to drop in April, underlining the troubles facing brewers in a market which has been declining as consumers switch to wine and spirits.

Carlsberg CEO says Polish beer sales drop amid Ukraine refugee crisis

Danish brewer Carlsberg on Thursday reported first-quarter sales excluding Russia up 27% year on year and said full-year guidance remained unchanged.

Carlsberg Q1 sales up 27%; full-year guidance unchanged

COPENHAGEN (Reuters) -Carlsberg expects a writedown of about 9.5 billion Danish crowns ($1.39 billion) related to its decision to divest its business in Russia, the Danish brewer said on Thursday.

Carlsberg expects $1.4 billion writedown on Russia divestment

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Beer giants Carlsberg and Heineken are joining the fray of companies that are pulling out of Russia over its invasion of Ukraine.

Heineken, Carlsberg join companies pulling out of Russia: ‘no longer sustainable'

Carlsberg and Heineken on Monday became the latest global brands to say they will exit the Russian market after the invasion of Ukraine.

Carlsberg and Heineken both say they will exit the Russian market

Carlsberg will exit the Russian market and take a substantial non-cash impairment charge as a result, the Danish brewer said on Monday, the latest Western company to exit amid mounting pressure following Russia's invasion of Ukraine.

Carlsberg says it will exit Russian market

Carlsberg stock is down over 20% in the past few weeks following the Russian invasion of Ukraine, bringing the total YTD share price decline to over 30%.

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Danish brewer Carlsberg said on Friday it would halt new investments into Russia and suspend exports of beer and other beverages to the country as a result of its invasion of Ukraine.

Brewer Carlsberg halts exports, new investments into Russia

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Carlsberg has shut its brewery in Lviv, western Ukraine, after supplies of natural gas to the brewery were cut, a company spokeswoman told Reuters.

Carlsberg shuts Ukrainian brewery in Lviv after gas supply cut

Danish brewer Carlsberg said on Thursday it has halted operations at its Ukrainian breweries in Kyiv and Zaporizhzhya due to the escalating conflict in the country.

Carlsberg halts operations at two breweries in Ukraine

Carlsberg A/S (CABGY) CEO Cees 't Hart on Q4 2021 Results - Earnings Call Transcript

Danish brewer Carlsberg on Friday reported fourth-quarter sales above expectations and forecast organic operating profit growth this year at 0-7%, below last year's level.

Carlsberg warns of 2022 growth dip

Danish brewer Carlsberg said on Thursday it had set new financial targets to run until 2027, including average organic revenue growth of 3%-5% per year and growth in organic operating profit outpacing that of revenue.

Danish brewer Carlsberg targets 3-5% organic growth until 2027

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NEW DELHI (Reuters) -India's antitrust watchdog on Friday imposed a penalty of $102 million on Heineken-controlled beer giant United Breweries and $16 million on the local unit of Denmark's Carlsberg in a case related to cartelisation of beer prices in the country.

India antitrust body fines United Breweries, Carlsberg in price fixing case

Carlsberg A/S (CABGY) CEO Cees ´t Hart on Q2 2021 Results - Earnings Call Transcript

Carlsberg Group has upgraded its earnings expectations for 2021 after reporting a rise in revenue and profit for the first half of the year. The Danish brewer said in its results statement that business performance continues to be impacted by the COVID-19 pandemic, with market volatility and uncertainty remaining high.

Carlsberg raises earnings forecast but warns pandemic still affecting performance

European markets were slightly higher on Wednesday morning, as investors monitored inflation data and looked ahead to the minutes from the Federal Reserve's latest meeting.

News for Carlsberg AS Stock (CABGY)