Consensus estimates

Last data input: May 6, 2024

Contributors: 26

Median / actual (MDKK)	2023	2024e	2025e	2026e
Sales volume* (m hl)	125.1	127.8	130.8	133.9
- Western Europe (m hl)	43.4	44.0	44.3	44.7
- Asia (m hl)	50.0	46.4	48.2	50.2
- Central and Eastern Europe (m hl)	31.7	37.2	37.7	38.9
Net sales	73,585	76,781	80,317	83,995
- Western Europe	37,317	38,852	39,938	41,164
- Asia	23,288	21,489	23,011	24,543
- Central and Eastern Europe	12,959	16,392	17,236	18,172
- Other sales	21	21	21	21
EBIT before special items	11,105	11,654	12,543	13,374
- Western Europe	4,981	5,261	5,603	5,822
- Asia	5,208	4,776	5,185	5,590
- Central and Eastern Europe	2,224	3,015	3,228	3,451
- Other EBIT	-1,308	-1,354	-1,353	-1,382
Special items	-431	0	0	-1
Net financials	-844	-1,094	-1,125	-1,140
EBT	9,830	10,564	11,351	12,323
Taxes	-1,859	-2,216	-2,424	-2,618
Consolidated profit	7,971	8,314	8,954	9,669
Minority interests	-1,011	-1,062	-1,139	-1,234
Net profit	-40,788	7,248	7,836	8,405
EBIT margin (%)	15.1	15.2	15.6	16.1
Tax rate (%)	18.9	21.0	21.0	21.0
EPS (DKK)	-299.7	54.2	60.3	66.9
Adjusted EPS (DKK)	54.6	55.1	61.4	68.4
DPS (DKK)	27.0	27.5	30.4	33.5
Free cash flow	4,878	7,316	8,169	8,901
Net interest-bearing debt	22,351	24,250	24,782	25,764

* Volume data is collected only once every quarter - prior to quarterly statements.

Recalculate data above, use data not older than:
14 days 1 month 3 months 6 months 1 year
or select date here:
or select date here:

Disclaimer

Download

CARLSBERG A/S (hereafter referred to as "The Company") is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding The Company's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of The Company or its management. The Company does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations. Read more...

The information on these web pages does not represent opinions, forecasts or predictions of The Company nor its management. The Company has no control over the content, quality, nature or reliability of any such third party web pages, and shall have no liability whatsoever in respect to the information provided on these web pages. A link to a third party web page does not imply any endorsement, investigation or verification by The Company of any information contained on this web page, and the information is not intended to imply any endorsement of or provide any investment advice.

Eurolandcom AB does not represent or warrant that any information anywhere on these web pages is accurate or complete and it should not be relied upon as such. The information on these web pages is provided for informational purposes only. Any information on these web pages is of an indicative nature and does not, and is not intended to, constitute an offer, solicitation, invitation or recommendation to buy, sell or deliver (directly or indirectly) any securities or derivatives thereon, nor a representation that a purchase or sale thereof can be effected on the basis of such information or at any given price. The information on these web pages does not give rise to any legally binding obligation and/or agreement, including without limitation any obligation to update such information. It may not be reproduced, distributed or published in connection with any offer, solicitation, invitation or recommendation to subscribe for or to buy or sell any securities or derivatives thereon by any recipient. Each recipient shall be deemed to have made its own investigation and appraisal of the financial status of the companies in question. No liability whatsoever is accepted for any direct or consequential loss, expense or damage arising from or in connection with the use of the information on these web pages, including the data stated therein. Nor can this information be interpreted as advice for a particular investment strategy or for any other purpose.

Consensus estimates

Recalculate data above, use data not older than:

or select date here:

or select date here:

Recalculate data above,
use data not older than: