Carlsberg First Half 2025 Earnings: Revenues Miss Expectations

Simply Wall St · 08/15/2025 04:24

Carlsberg (CPH:CARL B) First Half 2025 Results

Key Financial Results

  • Revenue: kr.45.9b (up 18% from 1H 2024).
  • Net income: kr.3.56b (down 4.7% from 1H 2024).
  • Profit margin: 7.8% (down from 9.6% in 1H 2024). The decrease in margin was driven by higher expenses.
earnings-and-revenue-growth
CPSE:CARL B Earnings and Revenue Growth August 15th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Carlsberg Revenues Disappoint

Revenue missed analyst estimates by 1.6%.

Looking ahead, revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Beverage industry in Europe.

Performance of the market in Denmark.

The company's shares are down 8.4% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Carlsberg that you should be aware of before investing here.