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.

Carlsberg  said on Thursday sales fell 7% in the first quarter with a further decline expected this quarter, as increased beer sales in supermarkets failed to balance the closure of bars and restaurants during the coronavirus lockdown.

Carlsberg first-quarter sales down 7%, expects further decline in second quarter

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Coronavirus is taking a swing at major spirits players, with grim outlooks expected for the first half of the year.

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Carlsberg A/S (CABGY) CEO Cees 't Hart on Q4 2019 Results - Earnings Call Transcript

Empty Chinese streets and karaoke bars will hit short-term sales in Carlsberg's  biggest market, but the Danish brewer said on Tuesday it was not changing its forecast or strategy for China as a result of the coronavirus outbreak.

Carlsberg beer sales hit by China's shuttered karaoke bars

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Carlsberg A/S (CABGY) CEO Cees 't Hart on Q3 2019 Results - Earnings Call Transcript

Danish brewer Carlsberg  revised upwards its annual profit growth outlook on Monday, saying it now expects organic operating profit to rise by around 10% versus a previous forecast for a "high single-digit" percentage increase.

News for Carlsberg AS Stock (CABGY)