|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||149.25 - 153.25|
|52 Week Range||113.00 - 170.17|
|Beta (5Y Monthly)||0.59|
|PE Ratio (TTM)||20.76|
|Forward Dividend & Yield||3.84 (2.56%)|
|Ex-Dividend Date||Mar 14, 2023|
|1y Target Est||N/A|
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
Danish brewer Carlsberg has reached a settlement with German authorities and agreed to pay a 50 million-euro ($55 million) fine over the alleged formation of a cartel more than a decade ago. "We confirm that Carlsberg Deutschland Holding GmbH has reached a settlement in this case, which has been ongoing for 11 years and required an enormous amount of time and financial resources," Carlsberg's head of communications, Tanja Frederiksen, said in a statement. "We still strongly disagree with the charges and maintain our innocence, but we have taken this decision in order to be able to fully focus again on the future of Carlsberg Deutschland Holding GmbH," Frederiksen said.
Carlsberg told investors that revenues grew by 8% to 16.4 billion Danish krone (£1.95 billion) over the three months to March.
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Danish brewer Carlsberg has appointed the current head of services provider ISS as its new chief executive, the company said on Thursday. Jacob Aarup-Andersen, a Danish national, will replace Dutchman Cees 't Hart, who said earlier this month he would retire at the end of September. Shares in Carlsberg extended gains on the news, closing 4.3% higher, while ISS' shares fell 7%.
COPENHAGEN (Reuters) -Danish brewer Carlsberg has appointed the current head of services provider ISS as its new chief executive, the company said on Thursday. Jacob Aarup-Andersen, a Danish national, will replace Dutchman Cees 't Hart, who said earlier this month he would retire at the end of September. Shares in Carlsberg extended gains on the news, closing 4.3% higher, while ISS' shares fell 7%.
Danish brewer Carlsberg denied on Wednesday a media report that said the company had agreed to sell its Russian business to Turkish rival Anadolu Efes. A Carlsberg spokesperson said the report was not correct. Carlsberg, the Western brewer most exposed to Russia, said last year it planned to sell the Russian business and book a writedown of about 9.9 billion Danish crowns following Moscow's invasion of Ukraine.
COPENHAGEN/STOCKHOLM (Reuters) -Carlsberg's Chief Executive Cees 't Hart will retire at the end of September, the Danish brewer said on Tuesday, after he has seen through the sale of its Russian business. Hart, the main architect behind Carlsberg's strategic shift from Russia towards China and a bet on prioritising price over volume, was hired in 2015, partly to help restore sluggish sales in its Eastern Europe brewing business. During his eight years in charge he has successfully focused on cutting costs and improving sales of premium beers to compete with its larger rivals Heineken and AB Inbev.
Last week, you might have seen that Carlsberg Brewery Malaysia Berhad ( KLSE:CARLSBG ) released its full-year result to...
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It probably won’t be next year, or even the year after that. It might even take as long as another decade. Even so, Cees ’t Hart, the chief executive of the Danish brewing giant Carlsberg, last week raised the possibility of returning to Russia one day, even as the company completes the exit of its existing business there.
COPENHAGEN (Reuters) -Danish brewer Carlsberg warned on Tuesday that a possible slowdown of beer consumption in Europe because of increased prices could dent profit growth this year. The world's third-biggest brewer also said it is buying out its partner in India and is seeking an option with the buyer of its Russian business to re-enter that market at some point in future. Carlsberg expects organic operating profit this year to change by between minus 5% and plus 5%, compared with 12% growth last year.
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Danish brewer Carlsberg has seen little evidence of rising inflation hitting beer sales, but that could change going into 2023 as brewers continue to raise prices, Chief Executive Cees 't Hart said on Thursday. "So far we have seen very little evidence of any consumer impact of rising inflation," Hart said on a conference call following a quarterly trading statement published on Wednesday. "But as inflation continues to increase and brewers raise prices again in the second half of this year and beginning of 2023, we see a bigger risk ahead of downtrading and lower volumes," he said.