Drinks brand Carlsberg UK reported a post-tax loss of £76.8m in the full year results to 31 December 2024, according to a recent Companies House Filing.

This marked a steep decline from the £30.1m profit recorded by the brewing giant in the previous year.

The business reported net assets of £394.3m at the end of the year, compared to £470.2m in the same period last year.

In July 2024, the company purchased a 40% stake from Marston’s Trading Limited to acquire sole shareholder ownership of Carlsberg Marston’s Limited, which resulted in a £91m impairment charge.

This impacted the overall volumes and financial earnings due to the termination of the licensing agreement.

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Additionally, the business announced its plans to acquire Britvic last year to expand its portfolio of brands and completed the transaction in January 2025.

Speaking at the time about the Britvic deal, Carlsberg group CEO Jacob Aarup-Andersen said: “The proposed transaction is attractive for shareholders of Carlsberg, supporting our growth ambitions, being immediately earnings accretive and value-accretive in year three. We are excited about expanding our global partnership with PepsiCo and believe that the longer-term opportunities will be very beneficial for both companies.

“We are committed to accelerating commercial and supply chain investments in Britvic, and we are confident that Carlsberg Britvic will become the preferred multi-beverage supplier to customers in the UK with a comprehensive portfolio of market-leading brands.”