Business description: Carlsberg A/S

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%).

Number of employees: 32,345

Sales by Activity: Carlsberg A/S

Fiscal Period: December20202021202220232024

Beverages - Western Europe

31.55B 30.5B 34.89B 37.32B 38.08B

Beverages - Asia (excl. India)

- - - - 20.47B

Beverages - Central & Eastern Europe and India

- - - - 16.45B

Beverages - Central & Eastern Europe

10.01B 16.66B 11.68B 12.96B -

Beverages - Asia

16.96B 19.46B 23.68B 23.29B -

Not Allocated

25M 9M 16M 21M 10M
See all business segments

Geographical breakdown of sales: Carlsberg A/S

Fiscal Period: December20202021202220232024

Other Countries

38.77B 44.25B 44.93B 47.41B 48.84B

China

9.86B 11.95B 13.78B 13.35B 12.88B

United Kingdom

- - 7.07B 7.9B 8.25B

Denmark

3.51B 3.9B 4.49B 4.92B 5.04B

Russia

6.4B 6.54B - - -
See all geographic segments

Executive Committee: Carlsberg A/S

Manager TitleAgeSince
Chief Executive Officer 49 31/08/2023
Director of Finance/CFO 53 31/12/2022
Investor Relations Contact - 31/12/2008
Corporate Officer/Principal 57 31/12/2008
Corporate Officer/Principal - 31/07/2024
See CARLSBERG A/S governance

Composition of the Board of Directors: Carlsberg A/S

Director TitleAgeSince
Director/Board Member 80 31/12/2008
Director/Board Member 71 21/03/2012
Director/Board Member 62 31/12/2013
Director/Board Member 62 31/12/2014
Director/Board Member 64 31/12/2018
Director/Board Member 67 31/12/2017
Director/Board Member 67 31/12/2018
Chairman 59 -
Director/Board Member 61 13/03/2022
Director/Board Member 62 13/03/2022
Composition of the Board of Directors

Shareholders: Carlsberg A/S

NameEquities%Valuation
The Carlsbergfondet Foundation
6.713 %
6,643,288 6.713 % 874 M kr
2.201 %
2,178,219 2.201 % 286 M kr
Nykredit Bank A/S (Investment Management)
0.5912 %
585,071 0.5912 % 77 M kr
Waystone Management (UK) Ltd.
0.5709 %
564,980 0.5709 % 74 M kr
FIL Gestion SASU
0.3007 %
297,532 0.3007 % 39 M kr
NameEquities%Valuation
The Carlsbergfondet Foundation
98.33 %
33,136,435 98.33 % 4 904 M kr
Goodhart Partners LLP
0.0645 %
21,743 0.0645 % 3 M kr
Sydbank A/S (Investment Management)
0.0137 %
4,613 0.0137 % 682 746 kr
Russell Investments Ltd.
0.005407 %
1,822 0.005407 % 269 665 kr
Old Mutual Customised Solutions (Pty) Ltd.
0.000944 %
318 0.000944 % 47 065 kr
NameEquities%Valuation
Madison Asset Management LLC
0.0137 %
67,809 0.0137 % 2 M kr
RNC Capital Management LLC
0.00407 %
20,140 0.00407 % 528 997 kr
RhumbLine Advisers LP
0.0028 %
13,852 0.0028 % 363 837 kr
GAMMA Investing LLC
0.000924 %
4,572 0.000924 % 120 088 kr
Westside Investment Management LLC
0.000185 %
915 0.000185 % 24 033 kr
List of CARLSBERG A/S shareholders

Holdings: Carlsberg A/S

NameEquities%Valuation
155,932,500 51% 642 M $
2,178,219 2.2% 286 M $
1,676,440 7.99% 14 M $

Company details: Carlsberg A/S

Carlsberg A/S

1 J.C. Jacobsens Gade

1799, Copenhagen

+45 33 27 33 00

http://www.carlsberg.com
address Carlsberg A/S(CARL B)

Group companies: Carlsberg A/S

NameCategory and Sector
Beverages: Non-Alcoholic
Beverages: Non-Alcoholic
Carlsberg Supply Company UK Ltd.
Beverages: Alcoholic
See all subsidiaries

Other Brewers

Change 5d. change 1-year change 3-years change Capi.($)
-0.78%+3.40%+24.94%-11.13% 18.18B
+7.11%+48.85%+120.60%+18,241.37% 315B
+0.92%+5.74%+25.56%+1.95% 128B
-4.14%-1.26%+3.99%-26.76% 45.11B
+0.36%+1.46%+23.75%-1.35% 40.45B
+3.14%+6.08%-18.69%-32.27% 25.49B
-3.81%-0.66%+9.68%-18.38% 20.45B
+0.55%+0.95%+3.05%+21.42% 15.31B
+0.90%-0.13%+12.46%-69.16% 13.19B
+1.02%+0.92%+19.97%+22.17% 12.14B
Average +0.48%+5.81%+22.53%+1,812.79% 63.42B
Weighted average by Cap. +3.47%+21.57%+67.95%+9,067.22%
See all sector performances
Trader
Investor
Global
Quality
ESG MSCI
AAA
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
22
Last Close Price
845.20DKK
Average target price
985.33DKK
Spread / Average Target
+16.58%
Consensus

Quarterly revenue - Rate of surprise