From CNBC: 2025-02-06 04:28:12

Russia seized control of Danone and Carlsberg’s Russian subsidiaries as both companies are in the process of selling their Russian operations. Carlsberg reported a slight miss in fourth-year sales, with full-year sales totaling 75.01 billion Danish kroner. The company forecasted organic operating profit growth of 1% to 5% for 2025, despite uncertainty around the global consumer and potential U.S. tariffs. Diageo also took steps to address potential tariff impacts. Carlsberg CEO highlighted weakness in key markets like China and Europe, emphasizing the company’s focus on growing gross margins and adapting to a trend toward alcohol moderation by embracing non-alcoholic drinks.



Read more at CNBC:: Carlsberg (CALRb.CH) earnings Q4 2024