Carlsberg's rapid recovery and strong 2024 performance validate its quality and strategic moves, leading to a 50% outperformance in less than 7 months. The company's SAIL strategy, inorganic growth opportunities, and expanding non-alcoholic portfolio have driven significant revenue and profit growth, even in a challenging macro environment. Despite recent valuation increases, Carlsberg remains attractive with a raised price target of 950 DKK, offering potential upside and a solid dividend yield over 3%.
Here is how Carlsberg AS (CABGY) and L'Oreal SA (LRLCY) have performed compared to their sector so far this year.
Investors interested in Beverages - Alcohol stocks are likely familiar with Carlsberg AS (CABGY) and Brown-Forman B (BF.B). But which of these two companies is the best option for those looking for undervalued stocks?
CAT, CABGY and EXPO have been added to the Zacks Rank #5 (Strong Sell) List on February 27, 2025.
The demand for alcohol-free beer has seen a significant rise in recent years, driven by changing consumer preferences towards healthier lifestyles and moderation. ➡️ At Carlsberg, they see this opportunity as more than just creating an alternative beverage but a whole new category of drinks for innovation.
The demand for alcohol-free beer has seen a significant rise in recent years, driven by changing consumer preferences towards healthier lifestyles and moderation.
Carlsberg A/S (OTCPK:CABGY) Q4 2024 Results Conference Call February 6, 2025 3:30 AM ET Company Participants Jacob Aarup-Andersen - Group Chief Executive Officer Ulrica Fearn - Chief Financial Officer Conference Call Participants Simon Hales - Citi Edward Mundy - Jefferies Søren Samsøe - SEB Sanjeet Aujla - UBS André Thormann - Danske Bank Nicolai Olivier - Goldman Sachs Andrea Pistacchi - Bank of America Mads Lindegaard Rosendal - Danske Bank Peter Sehested - ABG Thomas Lind - Nordea Jacob Aarup-Andersen Thank you, operator, and good morning, everybody, and welcome to Carlsberg's Full Year 2024 Conference Call. As said, my name is Jacob Aarup-Andersen, and I have with me our CFO, Ulrica Fearn, and Vice President, Investor Relations, Peter Kondrup.
Carlsberg shares climbed 4% in early trading after the Danish brewer reported 6% growth in annual underlying operating profit to £1.3 billion, reaching the top end of its forecast range. The brewer said it expects further profit growth of 1% to 5% this year.
Danish brewer Carlsberg on Thursday reported a slight miss in fourth-year sales and pointed to lower growth in 2025. The company posted fourth-quarter sales to 15.72 Danish kroner ($2.18 billion), coming in just below the 15.79 billion Danish kroner estimated by analysts in an LSEG poll.
Carlsberg CEO Jacob Aarup-Andersen weighs in on the trend toward reduced alcohol consumption in many markets, and how his business is responding.
Like much of the alcohol sector, Danish brewer Carlsberg has been a pretty weak performer over the past year or so. The business is probably doing about as well as can be expected given tough operating conditions. On the other hand, the deal to acquire British soft drinks company Britvic appears more questionable, with the economics looking fairly underwhelming.
Britain's competition regulator said on Tuesday it would not refer Carlsberg's deal with soft drinks maker Britvic for an in-depth probe.