CARLSBERG B

Carlsberg, after recent underperformance, remains at the lower end of the range (800–890 DKK) despite slightly better-than-expected organic growth in Q1. A warm summer and the football World Cup could boost beer consumption and investor sentiment, while a potential IPO of the Indian business by 2027 could deliver additional returns. Risks remain cost inflation, weak consumer spending in Asia and geopolitical uncertainties around the Strait of Hormuz; technically, the 200-day moving average level around 830 DKK is seen as an important support area. » Altro su finanzen.net

Carlsberg reports 5% organic operating profit growth for 2025 before special items and an adjusted operating profit of DKK 13.36 billion, placing the company at the top end of its own guidance and slightly above market expectations. Net profit fell to DKK 5.95 billion, well below consensus and the prior year, while revenue rose 18.8% to DKK 89.1 billion due to the Britvic acquisition. Management cites the broader beverage portfolio as a growth driver and expects 2–6% organic operating profit growth for 2026; analysts are somewhat more cautious on the outlook. » Altro su de.investing.com