1206 GMT - Carlsberg could narrow its full-year guidance with its first half results, Deutsche Bank analyst Mitch Collett writes. The bank expects the company to guide for organic operating profit growth of 3%-5% from the current guide of 1%-5%. For the second quarter, it expects 0.4% organic volume growth, organic revenue growth of 2.9% with price/mix of 2.4%. For the first half, it expects organic operating profit growth of 4.1%, adjusted operating profit of 7.29 billion Danish kroner, and adjusted net profit of 3.97 billion kroner. The bank rates Carlsberg at buy with a 1,180 kroner target price. Shares rise 0.15% to 911.00 kroner. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
June 24, 2025 08:06 ET (12:06 GMT)
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