Carlsberg Likely Had a Challenging Quarter -- Market Talk

Dow Jones

Oct 20, 2025

0959 GMT - Carlsberg's third-quarter update is expected to confirm that it has been a challenging quarter for the company, Jyske Bank senior analyst Haider Anjum writes. Western Europe remains under pressure from the loss of the San Miguel contract, while the Polish market has been challenged by extreme rain, and developments in Ukraine have worsened, he says. Jyske Bank expects the Danish brewer's organic sales in the quarter to fall 1.0% and volumes to drop 2.6% on year, against consensus looking for declines of 1.6% and 3.0%, respectively. Despite the headwinds, the bank expects the company to maintain its full-year guidance of 3%-5% organic EBIT growth. It retains a buy rating on the stock and lowers the price target to 950 Danish kroner from 1,000 kroner. Shares rise 0.1% to 794.40 kroner. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

October 20, 2025 06:00 ET (10:00 GMT)

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Western Europe remains under pressure from the loss of the <a href=\"https://laohu8.com/S/SMGBF\">San Miguel</a> contract, while the Polish market has been challenged by extreme rain, and developments in Ukraine have worsened, he says. Jyske Bank expects the Danish brewer's organic sales in the quarter to fall 1.0% and volumes to drop 2.6% on year, against consensus looking for declines of 1.6% and 3.0%, respectively. Despite the headwinds, the bank expects the company to maintain its full-year guidance of 3%-5% organic EBIT growth. It retains a buy rating on the stock and lowers the price target to 950 Danish kroner from 1,000 kroner. Shares rise 0.1% to 794.40 kroner. 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Western Europe remains under pressure from the loss of the <a href=\"https://laohu8.com/S/SMGBF\">San Miguel</a> contract, while the Polish market has been challenged by extreme rain, and developments in Ukraine have worsened, he says. Jyske Bank expects the Danish brewer's organic sales in the quarter to fall 1.0% and volumes to drop 2.6% on year, against consensus looking for declines of 1.6% and 3.0%, respectively. Despite the headwinds, the bank expects the company to maintain its full-year guidance of 3%-5% organic EBIT growth. It retains a buy rating on the stock and lowers the price target to 950 Danish kroner from 1,000 kroner. Shares rise 0.1% to 794.40 kroner. (dominic.chopping@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 20, 2025 06:00 ET (10:00 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CABGY","symbol_name":"Carlsberg AS","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2576308838","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2576308838","pubTimestamp":1760954400,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0959 GMT - Carlsberg's third-quarter update is expected to confirm that it has been a challenging quarter for the company, Jyske Bank senior analyst Haider Anjum writes. Western Europe remains under pressure from the loss of the San Miguel contract, while the Polish market has been challenged by extreme rain, and developments in Ukraine have worsened, he says. Jyske Bank expects the Danish brewer's organic sales in the quarter to fall 1.0% and volumes to drop 2.6% on year, against consensus looking for declines of 1.6% and 3.0%, respectively. Despite the headwinds, the bank expects the company to maintain its full-year guidance of 3%-5% organic EBIT growth. It retains a buy rating on the stock and lowers the price target to 950 Danish kroner from 1,000 kroner. Shares rise 0.1% to 794.40 kroner. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CABGY":"Carlsberg AS","BK4158":"啤酒酿造商"},"translate_title":"嘉士伯可能度过了一个充满挑战的季度——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CABGY":0.9},"content_text":"0959 GMT - Carlsberg's third-quarter update is expected to confirm that it has been a challenging quarter for the company, Jyske Bank senior analyst Haider Anjum writes. Western Europe remains under pressure from the loss of the San Miguel contract, while the Polish market has been challenged by extreme rain, and developments in Ukraine have worsened, he says. Jyske Bank expects the Danish brewer's organic sales in the quarter to fall 1.0% and volumes to drop 2.6% on year, against consensus looking for declines of 1.6% and 3.0%, respectively. Despite the headwinds, the bank expects the company to maintain its full-year guidance of 3%-5% organic EBIT growth. It retains a buy rating on the stock and lowers the price target to 950 Danish kroner from 1,000 kroner. Shares rise 0.1% to 794.40 kroner. (dominic.chopping@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 20, 2025 06:00 ET (10:00 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}