Carlsberg A/S Sponsored ADR (CABGY)
Carlsberg: Shares Still Cheap Amid Ongoing Beer Weakness
Carlsberg's beer volumes continue to be challenged by a mix of cyclical and structural factors, declining by around 1% in the first half of the year. In response, the company's pivot to non-alcoholic drinks is progressing well, while portfolio mix effects in the beer business are also helping to offset volume declines. With the stock still trading for a meaningful discount to its historical valuation, I remain bullish on balance.
Carlsberg Lifts Lower End of Guidance, Books Strong Growth in Soft Drinks, Alcohol-Free Brews
Soft drinks and other beverages delivered 7.8% growth, driven by gains in multiple markets, while beer volumes declined slightly.
Brewer Carlsberg misses half-year profit estimate, narrows full-year forecast
Danish brewer Carlsberg reported first-half operating profit of 7.45 billion Danish crowns ($1.15 billion) on Wednesday, behind analyst expectations for 7.55 billion crowns, and narrowed the range of its full-year profit guidance to the upper end.
Carlsberg and Sapporo Breweries to Form JV in Southeast Asia and Hong Kong
Carlsberg will hold a 75% stake, retain full operational control and receive $643 million in cash from Sapporo, which will hold the remainder.
Carlsberg: The Market Should Be Sober Enough To Appreciate This Stock
Carlsberg A/S (CABGY) demonstrates resilience amid industry headwinds, leveraging strong branding, geographic expansion, and stable demand to support volume and pricing. CABGY's Q1 2026 net revenue rose 3.0% YoY to DKK 20.72B, with organic revenue growth of 3.6% and 5.3% volume growth, despite forex impacts. Risks include inflation, changing consumer perceptions, and cost pressures, but CABGY benefits from beer's defensiveness, affordable positioning, and expansion into less saturated markets.
Carlsberg A/S (CABGY) Q1 2026 Sales/Trading Call Transcript
Carlsberg A/S (CABGY) Q1 2026 Sales/Trading Call Transcript
Danish Brewer Carlsberg Books Boost From Soft Drinks, Premium Beers
The company said it had seen no major changes in consumer behavior over the year's first three months, despite a “volatile and uncertain” geopolitical environment.
Carlsberg: A Margin Of Safety On Tap
Carlsberg A/S (CABGY) is rated BUY, offering defensive exposure through premiumization and geographic expansion, notably with the Britvic acquisition. Trading at a forward P/E of 13.5, CABGY presents a margin of safety versus peers, with robust financial health and a low beta profile. Management targets deleveraging to a 2.5x NIBD/EBITDA ratio by 2027, supporting resilience amid macro volatility and rising input costs.
All You Need to Know About Carlsberg (CABGY) Rating Upgrade to Strong Buy
Carlsberg (CABGY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Is Carlsberg (CABGY) Stock Outpacing Its Consumer Staples Peers This Year?
Here is how Carlsberg AS (CABGY) and WD-40 (WDFC) have performed compared to their sector so far this year.
Carlsberg A/S (CABGY) Q4 2025 Earnings Call Transcript
Carlsberg A/S (CABGY) Q4 2025 Earnings Call Transcript
Carlsberg Net Profit Falls as Beer Consumption Declines
Earnings fell as the Danish brewer increasingly relies on its soft drink offerings as consumer appetite for beer softened.
