Latest news for Carlsberg (OTC:CABJF) Stock

Carlsberg is the fourth-largest brewer in the world following the combination of Anheuser-Busch InBev and SABMiller, with major operations in Europe and Asia. It holds leading share in Scandinavia, Switzerland, Portugal, Laos, Nepal, and parts of western China. Its key brands include Carlsberg, 1664, Tuborg, Holsten, and Somersby. The company's 2023 beverage volume, excluding Russia, was split among Northern and Western Europe (35%), Eastern Europe (26%), and Asia (39%).

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Earnings

Carlsberg Posts Q1 Net Loss

Carlsberg AS

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Carlsberg A/S (OTC: <a class="ticker" href="/stock/cabjf#OTC">CABJF</a>) swung to a net loss in the first quarter.

Carlsberg posted a quarterly net loss of DKK76 million, versus a year-ago net profit of DKK173 million. Its consolidated profit declined to DKK44 million, from DKK261 million, and versus analysts' estimates of DKK242.1 million.

Carlsberg's total sales climbed to DKK12.87 billion from DKK12.53 billion.

Carlsberg

Carlsberg A/S (OTC: <a class="ticker" href="/stock/cabjf#OTC">CABJF</a>) swung to a net loss in the first quarter.

Carlsberg posted a quarterly net loss of DKK76 million, versus a year-ago net profit of DKK173 million. Its consolidated profit declined to DKK44 million, from DKK261 million, and versus analysts' estimates of DKK242.1 million.

Carlsberg's total sales climbed to DKK12.87 billion from DKK12.53 billion.

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