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Carlsberg A/S (CABGY)

Other OTC - Other OTC Delayed Price. Currency in USD
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36.70-0.52 (-1.39%)
As of 3:14PM EDT. Market open.
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Trade prices are not sourced from all markets
Previous Close37.22
Bid0.00 x 0
Ask0.00 x 0
Day's Range36.46 - 36.89
52 Week Range23.46 - 37.85
Avg. Volume131,024
Market Cap27.648B
Beta (5Y Monthly)0.77
PE Ratio (TTM)27.50
EPS (TTM)1.33
Earnings DateN/A
Forward Dividend & Yield0.71 (1.90%)
Ex-Dividend DateMar. 16, 2021
1y Target EstN/A
  • Chinese beer sales help Carlsberg beat expectations

    Chinese beer sales help Carlsberg beat expectations

    COPENHAGEN (Reuters) -A rebound in Chinese beer sales in the first quarter helped Carlsberg to beat analyst expectations, even as lockdowns depressed markets in Western Europe, the Danish brewer said on Wednesday. The world's third-biggest brewer, after Heineken and Anheuser Busch Inbev, said volumes sold in China increased by more than 50% compared with the first three months of last year and by 20% from the same period in 2019. "This is more than just an easy comparison to last year," Chief Executive Cees 't Hart said at a conference call referring to the outbreak of the novel coronavirus that locked down China early last year.

  • German brewers forced to throw away beer, seek state aid like pubs

    German brewers forced to throw away beer, seek state aid like pubs

    German brewers have been forced to throw away unsold beer and have asked the government for financial aid as the coronavirus lockdown reduces demand, they said on Monday. German pubs, hotels and restaurants have been closed since November in the country’s second lockdown following the first one earlier last year. The brewers called on the German government to give beer breweries aid under the country’s programmes to help industry recover from the impact of the coronavirus crisis.

  • Reuters

    UPDATE 2-Heineken to cut 8,000 jobs to restore pre-pandemic margins

    Heineken NV plans tocut about 8,000 jobs, the Dutch group said on Wednesday, seekingto restore operating margins to pre-pandemic levels after asharp decline in profit because of coronavirus restrictions. The world's second-largest brewer, which makes Europe's topselling lager Heineken as well as Tiger and Sol, said it wouldmake 2 billion euros ($2.42 billion) of savings over the threeyears to 2023 under the "EverGreen" plan of Chief Executive Dolfvan den Brink. Heineken said the savings would be achieved by redesigningits organisation, reducing the complexity and number of itsproducts and identifying its least effective spending.