Barclays has increased its target price for Carlsberg to 756 Danish kroner, up from the previous target of 738 kroner, while reiterating its "underweight" rating on the stock, according to BN.
Carlsberg A/S is one of the world's leading beer producers. Net sales break down by activity as follows:
- beer production and sales: 101.2 million hectoliters sold in 2024 primarily under the Carlsberg and Tuborg brands;
- production, bottling, and distribution of non-alcoholic beverages: carbonated beverages, energy drinks, and mineral waters (24.5 million hectoliters sold in 2024).
At the end of 2024, the group had 70 breweries located in Denmark, in the United Kingdom (3), in Poland (3), in Germany (3), in Western Europe (6), in China (27), in India (7), in Asia (4), and in Central/Eastern Europe (16).
Net sales are distributed geographically as follows: Western Europe (50.7%), Asia (27.3%), and Eastern Europe/Central Europe/India (22%).
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