31 Oct 2023

Lack of excitement in the Q3

Carlsberg (CARL-B:CPH), 0 | Carlsberg AS Class B (CARL.B:CSE), 0

- Davide Amorim
- 3 pages

Nothing too exciting to sink your teeth into in Carlsberg’s Q3 publication. Volumes came out below consensus in all segments. Pricing has been paramount to offset volumes and meet expectations. Looking forward, the company is facing weak consumer confidence in Europe while the economic situation in China has a knock-on effect on other economies in the region. The FY 23 outlook has been confirmed.

Sign up to access

Get access to our full offering from over 100 providers

Lack of excitement in the Q3

Carlsberg (CARL-B:CPH), 0 | Carlsberg AS Class B (CARL.B:CSE), 0

Published: 31 Oct 2023
Author: Davide Amorim
Pages: 3

Nothing too exciting to sink your teeth into in Carlsberg’s Q3 publication. Volumes came out below consensus in all segments. Pricing has been paramount to offset volumes and meet expectations. Looking forward, the company is facing weak consumer confidence in Europe while the economic situation in China has a knock-on effect on other economies in the region. The FY 23 outlook has been confirmed.