Carlsberg upgraded to Outperform from Sector Perform at RBC Capital
RBC Capital upgraded Carlsberg (CABGY) to Outperform from Sector Perform with a price target of DKK 1,020, up from DKK 890. The firm cites a ...
We're Upgrading Carlsberg's Moat Rating to Narrow From None
Carlsberg’s free cash flow generation is sound, with its free cash flow margin averaging 10% over the last three years and a decent interest coverage ratio of 8 times. This is on par with Heineken ...
Rajasthan's high gravity brewing policy could solve Beer supply shortages ahead of peak season
Rajasthan will introduce high gravity brewing (HGB) in the next fiscal, potentially increasing beer production by 20%. This ...
ET BrandEquity2d
It's Peak Season, Give Us Some Gravity, say Indian Beermakers
Rajasthan's decision to implement high gravity brewing (HGB) could help alleviate India's beer supply issues during peak ...
Beer brewers, after two tepid years, raise a toast to a longer, meaner summer
India's beer makers are looking forward to bumper sales this summer thanks to warmer-than-usual temperatures, even as they ...
IFA Magazine5h
UK economy shrinks in January giving Chancellor a headache | Reaction from the industry to GDP fall
Rob Morgan, Chief Investment Analyst at Charles Stanley said: "Today’s UK GDP numbers reaffirm the lacklustre state of the ...
Upgrading Heineken’s Moat Rating to Wide From Narrow With Greater Long-Term Confidence
Heineken has strong positions across Asia-Pacific markets and is expanding its Latin American reach. These markets are subject to greater volatility, and Heineken’s premium-skewed portfolio is more ...
Guinness price warning as cost of a pint to go up 10% in UK pubs ahead of St Patrick’s Day
WITH St. Patrick’s Day just around the corner, Guinness lovers are being warned that prices could soar 10% in the coming ...
Lao Brewery Company marks International Womens Day, promotes gender equality
VIENTIANE: Lao Brewery Company (LBC) reaffirmed its commitment to gender equality by celebrating the 115th International ...
Taiwan News1d
Vietnam Beer Market Growth Outlook, Valued at USD 3.45 Billion in 2024, Projected to Reach USD 4.78 Billion by 2033 at a 6.42% CAGR
The Vietnam beer market, valued at USD 3.45 billion in 2024, is projected to expand to USD 4.78 billion by 2033, achieving a CAGR of 6.42% during the forecast period. This growth is fueled by several ...
Layoffs: Budweiser APCAC to cut ‘thousands of jobs’ to slash costs by 15% amid weak demand in China, says report
Layoffs: Budweiser Brewing Co APAC plans to cut thousands of jobs in response to weak consumer demand in China, aiming for a ...
The Star3d
Higher beer sales likely
Risks aside, HLIB Research said listed brewers such as Carlsberg Brewery Malaysia Bhd and Heineken Malaysia Bhd may be brought back into the limelight this year.It also said that a stronger ...