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 upped its profits by 13% year on year, but warned prices would rise as beer consumption in Europe falls. Looking to 2023, the Danish brewer warned that due to rolling hedging on commodity and energy prices ending, the company requires higher pricing to offset the rising costs.

Carlsberg warns of price increases as UK beer sales slow

Carlsberg A/S (OTCPK:CABGY) Q4 2022 Earnings Conference Call February 7, 2023 3:30 AM ET Company Participants Cees 't Hart - CEO Ulrica Fearn - CFO Conference Call Participants Andrea Pistacchi - Bank of America Merrill Lynch Olivier Nicolai - Goldman Sachs Trevor Stirling - Bernstein Simon Hales - Citi Sanjeet Aujla - Credit Suisse Laurence Whyatt - Barclays Soren Samsoe - SEB Mitch Collett - Deutsche Bank Andre Thormann - Danske Bank Richard Withagen - Kepler Chevreux Thomas Petersen - Nordea Operator Welcome to the Carlsberg's Full Year Results for 2022. For the first part of this call, all participants are in a listen-only mode, afterwards, there'll be a question and answer session.

Carlsberg A/S (CABGY) Q4 2022 Earnings Call Transcript

Constellation Brands

CABGY vs. STZ: Which Stock Is the Better Value Option?

Carlsberg is one of the largest brewing companies in the world. The Russian assets are being divested, but this process could easily take another six months.

Carlsberg: Exceptionally Strong Start Of The Year Bodes Well For 2022

Equinor

Equinor's chief financial officer (CFO) will step down next week and take up a position from Jan. 1 as CFO of Danish brewer Carlsberg , the two Nordic companies said on Friday.

Equinor's CFO steps down after 16 months, moves to Carlsberg

Hyatt Hotels

McKesson

As brokers have a deeper understanding of stocks, one must follow rating upgrades before investing. We select Hyatt Hotels (H), McKesson (MCK) and Carlsberg (CABGY) as these have seen rating upgrades recently.

3 Stocks With Upgraded Broker Ratings for Impressive Returns

CHARLOTTE, N.C.--(BUSINESS WIRE)-- #CarlsbergBrewery--Carlsberg selects ABBYY to accelerate Time to Market for its World-Class Beers; digitally transforms its order and delivery processes with ABBYY IDP

Carlsberg selects ABBYY to accelerate Time to Market for its World-Class Beers

Duckhorn Portfolio

CABGY vs. NAPA: Which Stock Is the Better Value Option?

CABGY vs. NAPA: Which Stock Should Value Investors Buy Now?

Carlsberg A/S (OTCPK:CABGY) Q2 2022 Earnings Conference Call August 17, 2022 3:30 AM ET Company Participants Cees 't Hart - Chief Executive Officer Heine Dalsgaard - Chief Financial Officer Peter Kondrup - Vice President, Investor Relations Conference Call Participants Andrea Pistacchi - Bank of America Laurence Whyatt - Barclays Trevor Stirling - Bernstein Nik Oliver - UBS Mitch Collett - Deutsche Bank Simon Hales - Citi André Thormann - Danske Bank Sanjeet Aujla - Credit Suisse Operator Ladies and gentlemen, welcome to the Carlsberg H1 2022 Financial Statement. For the first part of this call, all participants are in a listen-only mode.

Carlsberg A/S' (CABGY) CEO Cees 't Hart on Q2 2022 Results - Earnings Call Transcript

Danish brewer Carlsberg on Wednesday reported second-quarter revenue below expectations as earnings were hit by higher commodity and energy prices despite a recovery of sales in bars and restaurants.

Carlsberg Q2 sales below expectations as higher costs drag

Danish brewer Carlsberg lifted its operating profit growth outlook for this year as it has been able to resume operation in Ukraine and on the back of strong performance in Europe and Asia, it said on Monday.

Carlsberg lifts 2022 growth outlook

AAR CORP.

BTDPY, CABGY, and AIR have been added to the Zacks Rank #5 (Strong Sell) List on July 21, 2022.

New Strong Sell Stocks for July 21st

COPENHAGEN (Reuters) -Carlsberg on Wednesday announced the departure of Chief Financial Officer Heine Dalsgaard, who had a leading role in a major cost-cutting programme to stem its losses in Russia.

Carlsberg CFO to step down

AP Moller - Maersk A/S

Atlas Copco AB

Coloplast A/S

Orsted AS

LM Ericsson Telefon

Mowi ASA

Norsk Hydro ASA

Nokia

Novo Nordisk

Orkla ASA

Sampo Oyj

Sandvik AB

Stora Enso Oyj

Vestas Wind Systems A/S

Yara International ASA

A list of companies covering some of the world's strongest economies in Scandinavia. Diversification can take place not only across sectors but also across geographies, with opportunities here across pharma, logistics, oil, heavy industry, telecom, 5G, insurance, vehicles, conglomerates, and so forth.

The Scandinavian Shopping List In A Time Of Bargains

Carlsberg said its beer sales in Poland fell by 3-4% in March and have continued to drop in April, underlining the troubles facing brewers in a market which has been declining as consumers switch to wine and spirits.

Carlsberg CEO says Polish beer sales drop amid Ukraine refugee crisis

Danish brewer Carlsberg on Thursday reported first-quarter sales excluding Russia up 27% year on year and said full-year guidance remained unchanged.

Carlsberg Q1 sales up 27%; full-year guidance unchanged

COPENHAGEN (Reuters) -Carlsberg expects a writedown of about 9.5 billion Danish crowns ($1.39 billion) related to its decision to divest its business in Russia, the Danish brewer said on Thursday.

Carlsberg expects $1.4 billion writedown on Russia divestment

Heineken NV

Beer giants Carlsberg and Heineken are joining the fray of companies that are pulling out of Russia over its invasion of Ukraine.

Heineken, Carlsberg join companies pulling out of Russia: ‘no longer sustainable'

Carlsberg and Heineken on Monday became the latest global brands to say they will exit the Russian market after the invasion of Ukraine.

Carlsberg and Heineken both say they will exit the Russian market

Carlsberg will exit the Russian market and take a substantial non-cash impairment charge as a result, the Danish brewer said on Monday, the latest Western company to exit amid mounting pressure following Russia's invasion of Ukraine.

Carlsberg says it will exit Russian market

Carlsberg stock is down over 20% in the past few weeks following the Russian invasion of Ukraine, bringing the total YTD share price decline to over 30%.

Carlsberg - Recent Events Offer A Long-Term Buying Opportunity

Danish brewer Carlsberg said on Friday it would halt new investments into Russia and suspend exports of beer and other beverages to the country as a result of its invasion of Ukraine.

Brewer Carlsberg halts exports, new investments into Russia

Arconic

Citigroup

Danone SA

EPAM Systems

IPG Photonics

Neste Oyj

PepsiCo

Philip Morris

VEON

Volkswagen AG

Large caps like Renault and Citigroup have suffered double-digit declines in part due to Russia's invasion of Ukraine. The conflict has had a more severe impact on some smaller stocks.

These 15 Stocks And 10 Funds Are Overexposed To Russia And Ukraine

Carlsberg has shut its brewery in Lviv, western Ukraine, after supplies of natural gas to the brewery were cut, a company spokeswoman told Reuters.

News for Carlsberg AS Stock (CABGY)