Carlsberg CEO Jacob Aarup-Andersen tells CNBC's Dan Murphy in Davos that low- and no-alcohol drinks are becoming a bigger share of sales and a key focus for R&D. He also identifies India and Central Asia as Carlsberg's top beer growth markets for 2026, while Europe leads for soft drinks.
Carlsberg remains attractive post-Britvic acquisition, with synergy benefits driving earnings growth and integration progressing well. Despite a flat stock since prior coverage, CABGY's free cash flow yield is robust, and margin improvements are evident from recent results. Management maintains full-year guidance for 3-5% organic operating profit growth and expects further EBITDA expansion in 2026 and 2027.
Carlsberg A/S (OTCPK:CABGY) Q3 2025 Sales Call October 30, 2025 4:30 AM EDT Company Participants Jacob Aarup-Andersen - Group CEO & Member of Executive Board Ulrica Fearn - CFO & Member of Executive Board Conference Call Participants Sanjeet Aujla - UBS Investment Bank, Research Division Andrea Pistacchi - BofA Securities, Research Division Soren Samsoe - SEB, Research Division Simon Hales - Citigroup Inc., Research Division André Thormann - Danske Bank A/S, Research Division Sarah Simon - Morgan Stanley, Research Division Thomas Lind Petersen - Nordea Markets, Research Division Gen Cross - BNP Paribas, Research Division Presentation Jacob Aarup-Andersen Group CEO & Member of Executive Board Thank you very much, and good morning, everybody, and welcome to the Carlsberg Q3 2025 Conference Call. So, as I said, my name is Jacob Aarup-Andersen, I'm the Group CEO, and I have with me our Group CFO, Ulrica Fearn; and Vice President, Investor Relations, Peter Kondrup.
Carlsberg CEO Jacob Aarup-Andersen discusses consumer weakness across global markets, volume challenges, and how the company continues to gain market share in key regions like China and the U.K. despite a tough environment.
Here is how Carlsberg AS (CABGY) and Reckitt Benckiser Group PLC (RBGLY) have performed compared to their sector so far this year.
Carlsberg A/S (OTCPK:CABGY) Q2 2025 Earnings Conference Call August 14, 2025 3:30 AM ET Company Participants Jacob Aarup-Andersen - Group CEO & Member of Executive Board Ulrica Fearn - CFO & Member of Executive Board Conference Call Participants André Thormann - Danske Bank A/S Edward Brampton Mundy - Jefferies LLC Gen Philip Cross - BNP Paribas Exane Jean-Olivier Nicolai - Goldman Sachs Group, Inc. Laurence Bruce Whyatt - Barclays Bank PLC Richard Withagen - Kepler Cheuvreux Sanjeet Aujla - UBS Investment Bank Sarah Simon - Morgan Stanley Simon Lynsay Hales - Citigroup Inc. Soren Samsoe - SEB Thomas Lind Petersen - Nordea Markets Operator Ladies and gentlemen, welcome to the Carlsberg AS H1 2025 Financial Statement Conference Call. I'm Moritz, the Chorus Call operator.
Carlsberg shares fell 6% after the brewer missed half-year profit and volume forecasts and warned that consumer conditions are unlikely to improve in 2025. The world's third-largest brewer reported first-half organic operating profit growth of 2.3% to DKK7.23 billion ($1.13 billion), shy of the 7.35 billion expected.
Investors looking for stocks in the Beverages - Alcohol sector might want to consider either Carlsberg AS (CABGY) or Diageo (DEO). But which of these two stocks is more attractive to value investors?
Here is how Carlsberg AS (CABGY) and Coca-Cola FEMSA (KOF) have performed compared to their sector so far this year.
Carlsberg (CABGY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
VCISY, NRDBY and CABGY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 20, 2025.
UBSI, RITM, CABGY, NEM and DNBBY have been added to the Zacks Rank #1 (Strong Buy) List on June 20, 2025.