Carlsberg reports solid third quarter results

Carlsberg
FinanceNews

Global drinks manufacturer Carlsberg has posted solid third quarter results, with revenue increasing by 3 per cent to approximately £2.8bn.

The successful results were driven by volume increasing by 5 per cent across growth categories, with a 9 per cent and 11 per cent rise in soft drinks and alcohol-free brews.

The company maintained its full-year outlook and forecasted operating profit growth at an estimated 4 per cent to 6 per cent.

The business also expects a foreign currency translation impact of approximately over £11bn on operating profit for 2026.

The company’s premium beer portfolio decreased by 3 per cent because of a weak development in China over the summer.

The premium Carlsberg volumes experienced a surge of 20 per cent which was driven by a standout performance in South Asia and China.


Subscribe to Grocery Gazette for free

Sign up here to get the latest grocery and food news each morning


The overall brand volumes increased by 3 per cent, which was affected by lower mainstream volumes in the UK.

There was a strong performance across the Central & Eastern Europe and India regions with an organic volume growth of 7.5 per cent.

Carlsberg CEO Jacob Aarup-Andersen said: “The group delivered robust revenue growth in Q3, reflecting good momentum in many markets and the resilience of our multi-beverage portfolio, which more than compensated for the challenging trading environment in China.

“We further strengthened our strategic partnership with PepsiCo by expanding our collaboration into Azerbaijan, Armenia and Georgia, providing a strong platform to further develop a multi-beverage portfolio across the region.

“We expect the Sapporo joint venture in Southeast Asia to complete by the end of the year, and we’re progressing the potential IPO of our Indian business.”

FinanceNews

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.

FinanceNews

Share:

Carlsberg reports solid third quarter results

Carlsberg

Global drinks manufacturer Carlsberg has posted solid third quarter results, with revenue increasing by 3 per cent to approximately £2.8bn.

The successful results were driven by volume increasing by 5 per cent across growth categories, with a 9 per cent and 11 per cent rise in soft drinks and alcohol-free brews.

The company maintained its full-year outlook and forecasted operating profit growth at an estimated 4 per cent to 6 per cent.

The business also expects a foreign currency translation impact of approximately over £11bn on operating profit for 2026.

The company’s premium beer portfolio decreased by 3 per cent because of a weak development in China over the summer.

The premium Carlsberg volumes experienced a surge of 20 per cent which was driven by a standout performance in South Asia and China.


Subscribe to Grocery Gazette for free

Sign up here to get the latest grocery and food news each morning


The overall brand volumes increased by 3 per cent, which was affected by lower mainstream volumes in the UK.

There was a strong performance across the Central & Eastern Europe and India regions with an organic volume growth of 7.5 per cent.

Carlsberg CEO Jacob Aarup-Andersen said: “The group delivered robust revenue growth in Q3, reflecting good momentum in many markets and the resilience of our multi-beverage portfolio, which more than compensated for the challenging trading environment in China.

“We further strengthened our strategic partnership with PepsiCo by expanding our collaboration into Azerbaijan, Armenia and Georgia, providing a strong platform to further develop a multi-beverage portfolio across the region.

“We expect the Sapporo joint venture in Southeast Asia to complete by the end of the year, and we’re progressing the potential IPO of our Indian business.”

FinanceNews

Social

SUBSCRIBE TO OUR DAILY NEWSLETTER

  • This field is for validation purposes and should be left unchanged.

Most Read

Most Read

FinanceNews

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.

RELATED STORIES

Latest Feature

Menu

Please enter the verification code sent to your email: