CABGY News and Press, Carlsberg A/S ADR From 04/19/23

2023-04-19 13:27:31 ET Morgan Stanley issued a generally positive outlook for European consumer staples stocks on Wednesday ahead of the earnings season. Analyst Pinor Ergun and team expect price increases to have continued to drive topline momentum in Q1, although the focus from invest...

2023-04-13 18:40:41 ET Summary Anheuser-Busch is a large beer company but has not had a strong track record. The company is highly indebted in a rising rates environment, and shares are rather pricey compared to the broad market and to BUD's peers. A recent ad campaign has lik...

2023-03-30 15:47:43 ET Southern Glazer’s Wine and Spirits is reportedly being probed by the Federal Trade Commission over how wine and liquor are priced and sold around the country. Sources told Politico that the FTC is investigating the nation's largest wine and spirits dist...

Summary I believe there is an increased uncertainty in the 2023 outlook due to weakening demand in Europe and the timing of China's recovery. Management focus seems to be on increasing gross profit per hl to counteract higher operational expenses in 2023. I see risk to consensus ear...

Carlsberg  ( OTCPK:CABGY ): FY Non-GAAP EPS of DKK69.30. Revenue of DKK70.26M. Press release For further details see: Carlsberg  Non-GAAP EPS of DKK69.30, revenue of DKK70.26M

Carlsberg A/S (CABGY) Q4 2022 Earnings Conference Call February 7, 2023, 03:30 AM ET Company Participants Cees 't Hart - CEO Ulrica Fearn - CFO Conference Call Participants Andrea Pistacchi - Bank of America Merrill Lynch Olivier Nicolai - Goldman Sachs ...

The following slide deck was published by Carlsberg A/S in conjunction with their 2022 Q4 earnings call. For further details see: Carlsberg A/S 2022 Q4 - Results - Earnings Call Presentation

Summary Despite significant direct and indirect exposure to the Russian invasion of Ukraine, Carlsberg has by-and-large posted a solid 2022 so far. Pricing contribution has been strong. With consumer demand softening in Europe, the near-term outlook could become a lot tougher. Carls...

Carlsberg press release ( OTCPK:CABGY ): Q3 Revenue of DKK20.24B (+13.8% Y/Y). For further details see: Carlsberg  reports Q3 results

Summary Carlsberg is one of the largest brewing companies in the world. The Russian assets are being divested, but this process could easily take another six months. The H1 free cash flow was very strong and the full-year outlook was increased, but inflation remained in Q3. ...