Danish brewer Carlsberg slightly misses on fourth-quarter sales, points to slower growth in 2025

Danish brewer Carlsberg slightly misses on fourth-quarter sales, points to slower growth in 2025


MOSCOW, Russia – March 31, 2022: Bottled Carlsberg beer seen on a supermarket shelf. Russia on Monday seized control of the Russian subsidiaries of Danone and Carlsberg, both of which are in the process of selling their Russian operations. The Danish brewer is still represented in Russia by the brands Carlsberg, Kronenbourg, Holsten and Tuborg.

Alexander Sayganov/SOPA Images/LightRocket via Getty Images

Danish brewer Carlsberg on Thursday reported a slight miss in fourth-year sales and pointed to lower growth in 2025.

The company posted fourth-quarter sales to 15.72 Danish kroner ($2.18 billion), coming in just below the 15.79 billion Danish kroner estimated by analysts in an LSEG poll.

Full-year sales totaled 75.01 billion Danish kroner, up 1.9% year-on-year on a reported basis and virtually in line with the 74.91 billion Danish kroner anticipated.

This is a breaking news story and will be updated shortly.



Source

Meta lays off 600 employees within AI unit
World

Meta lays off 600 employees within AI unit

Mark Zuckerberg, CEO of Meta Platforms. David Paul Morris | Bloomberg | Getty Images Meta will lay off roughly 600 employees within its artificial intelligence unit as the company looks to reduce layers and operate more nimbly, a spokesperson confirmed to CNBC on Wednesday. The company announced the cuts in a memo from its Chief […]

Read More
Auto giant Volkswagen warns of output stoppages amid Nexperia chip disruption
World

Auto giant Volkswagen warns of output stoppages amid Nexperia chip disruption

A new Volkswagen ID.3 electric car prepares to pass final inspection at the Volkswagen plant on May 14, 2025 in Dresden, Germany. Sean Gallup | Getty Images News | Getty Images German auto giant Volkswagen on Wednesday warned of temporary production outages citing China’s export restrictions on semiconductors made by Nexperia. The update comes shortly […]

Read More
Argentine peso hits fresh lows despite U.S. support — and it could be about to get worse
World

Argentine peso hits fresh lows despite U.S. support — and it could be about to get worse

The Argentine peso reached fresh lows on Wednesday as political uncertainty failed to offset the impact of an an “unprecedented” billion-dollar support package from U.S. The currency reached its lowest level since the U.S. began purchasing it on Oct. 9, and has consistently fallen since then. The purchases are part of an effort from the […]

Read More