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Aug 21, 2022
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Carlsberg (CABGY, $26.97) missed Q2 revenue expectations

Carlsberg (CABGY, $26.97) missed Q2 revenue expectations

Carlsberg posted second quarter sales of  20.51 billion Danish crowns ($2.81 billion), lower than the 21.6 billion expected by analysts in a poll gathered by the company.

The Danish multinational brewer maintained its full-year guidance, after it earlier this month boosted its outlook for organic profit to “high single-digit-percentage” growth - after better beer sales in Asia and Europe outweighed higher energy and commodity costs.

“Global uncertainty remains high, with the increasing input cost pressure a particular challenge for us in the coming quarters,” CEO Cees’t Hart mentioned in a statement.

Related Ticker: CABGY

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Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.


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Industry FoodMeatFishDairy

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Address
J.C. Jacobsens Gade 1
Phone
+45 33273300
Employees
34982
Web
https://www.carlsberggroup.com
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Carlsberg (CABGY, $26.97) missed Q2 revenue expectations