Carlsberg

Carlsberg said to begin US$700 million IPO process for India unit

Details, including the size, structure and timing of the transaction, are still being finalised

Carlsberg, which owns brands including Kronenbourg 1664, Tuborg and Somersby, has outperformed some peers amid weak global beer demand.

Carlsberg’s annual profits beat forecasts due to cost cuts, Britvic deal 

Its organic operating profit is 13.99 billion Danish crowns before special items

The sale may not proceed if an agreement between Carlsberg and Sapporo cannot be reached on the ownership ratio and other terms.

Carlsberg may sell some Asia operations, Sapporo in talks

DANISH brewer Carlsberg is considering selling part of its Asian operations, and Sapporo Holdings has emerged as a top candidate to make the purchase, people familiar with the matter said.

Henrik Andersen, managing director of Lao Brewery Company, says: “We are selling more than 100 litres of beverages to each Laotian a year. There is no other country, to my knowledge, that meets that.”

Lao Brewery keeps the taps – and optimism – flowing as Laos’ economy slows

The Carlsberg-backed brewer is banking on rising disposable income and a youthful population to keep its growth fizzing

Carlsberg, which makes Kronenbourg 1664, Tuborg and Somersby, said it had grown first-half organic operating profit by 2.3 per cent, while organic volumes slipped 1.7 per cent – putting it just behind analyst expectations on both measures.

Carlsberg misses first-half forecasts, warns of difficult year

It raised its full-year profit guidance, breaking with those rivals who opted to keep their forecasts unchanged

The company said sales between January and March rose 17 per cent from last year to 20.12 billion Danish crowns (S$4.01 billion), compared with 20.4 billion forecast by analysts.

Carlsberg maintains full-year outlook, warns of volatile consumer sentiment

Carlsberg expects between 1% and 5% growth in organic operating profit for the current year

Carlsberg said in a statement on Tuesday that it had an agreement to sell its shares in the local company for an undisclosed “cash consideration”.

Danish brewer Carlsberg sells Russian business

The transaction is expected to close “within the next couple of days”

Carlsberg’s chief is looking to diversify away from alcoholic beer as sales slow.

Carlsberg sees higher profit as cost cuts offset weak demand

CARLSBERG increased its profit growth outlook for the year as cost controls helped the Danish brewer to offset weaker consumer demand.

Penalties under the new rules rely on consumer law, opening manufacturers and endorsers to fines of up to five million rupees.

India plans tougher ad curbs on liquor makers such as Carlsberg, Diageo, Pernod

INDIA, which bans direct advertising of liquor, is set to announce sweeping rules that will bar even surrogate ads and sponsoring of events, which could force firms such as Carlsberg, Pernod Ricard an...

Carlsberg will buy a 33.33 per cent stake in Carlsberg South Asia (CSAPL) from partner CSAPL (Singapore) Holdings as well as other stakes in underlying companies for a total of US$744 million.

Carlsberg to take control of India and Nepal business, eyes expansion

CARLSBERG has agreed to take full control of its business in India and Nepal, the Danish brewer said on Friday (Aug 2).