Carlsberg Stock News

Danish brewer Carlsberg said on Monday it had agreed to buy PepsiCo's ​bottlers in Georgia and Armenia, expanding its ‌partnership with the US group as it increases its exposure to soft drinks.

Soft drinks and other beverages delivered 7.8% growth, driven by gains in multiple markets, while beer volumes declined slightly.

Danish brewer ‌Carlsberg reported first-half ​operating ​profit of 7.45 billion ⁠Danish ​crowns ($1.15 billion) ​on Wednesday, behind analyst expectations ​for ​7.55 billion crowns, ‌and ⁠narrowed the range of its ​full-year ​profit ⁠guidance to ​the upper ​end.

Danish brewer Carlsberg's jab at FIFA President Gianni Infantino highlighted how a growing backlash against the governing body's proposed stake sale is spilling into the corporate sector, even as many sponsors are likely to see it as ​beneficial to them.

Carlsberg will hold a 75% stake, retain full operational control and receive $643 million in cash from Sapporo, which will hold the remainder.