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Carlsberg Reports Profit In Q1

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Carlsberg A/S (CABGY.PK) one of the world's biggest brewer, Tuesday reported a profit attributable to shareholders versus a loss last year. The company further reiterated the full-year outlook.

For the quarter the company reported net income attributable to shareholders of DKK 62 million or DKK 0.4 per share versus a loss of DKK 76 million or DKK 0.5 per share for the same period last year.

On an adjusted basis the company reported net income of DKK 104 million versus a loss of DKK 33 million for the corresponding period last year.

On a consolidated basis however, the firm reported profit of DKK 181 million, up from prior-year profit of DKK 44 million.

Net revenue for the three months climbed to DKK 13.27 billion, from DKK 12.77 billion a year earlier.

Looking forward, for the full-year, the company said it continues to expect operating profit before special items of around DKK 10 billion and adjusted net profit1 to increase by a mid-single-digit percentage

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