Carlsberg
kr 842.00Change from previous close: −1.15%Absolute change: −kr 9.80
At a glance
- Revenue growth
- +18.78%
- 2025 vs 2024
- Net income growth
- −34.68%
- 2025 vs 2024
- Net margin
- 6.7%
- 2024: 12.2%
Financial data
Amounts in millions of DKK; per-share values in DKK; shares in millions.
| Item | Q2 2026 | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2023 | Q4 2022 | Q2 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 47,053 | 43,240 | 45,855 | — | 38,803 | 35,797 | 37,788 | — | 35,447 | 31,425 |
| Cost of revenue | 25,578 | 24,117 | 24,767 | — | 20,899 | 19,847 | 20,906 | — | 19,046 | 16,603 |
| Gross profit | 21,475 | 19,123 | 21,088 | — | 17,904 | 15,950 | 16,882 | — | 16,401 | 14,822 |
| Selling, general and administrative | 14,600 | 13,726 | 15,054 | — | 11,929 | 11,504 | 10,958 | — | 10,493 | 9,691 |
| Operating income | 6,875 | 5,700 | 6,034 | — | 5,995 | 4,426 | 5,961 | — | 5,946 | 5,043 |
| EBIT | 6,875 | 5,700 | 6,034 | — | 5,995 | 4,426 | 5,961 | — | 5,946 | 5,043 |
| EBITDA | 9,733 | 8,140 | 8,801 | — | 8,082 | 6,001 | 7,918 | — | 8,074 | 7,097 |
| Interest expense | 1,165 | 1,221 | 1,178 | — | 543 | 451 | 325 | — | 254 | 255 |
| Pre-tax income | 5,788 | 3,568 | 5,213 | — | 5,632 | 4,059 | 5,771 | — | 5,069 | 6,142 |
| Income tax | 1,331 | 810 | 1,194 | — | 1,181 | 647 | 1,212 | — | 1,115 | 1,048 |
| Net income | 3,801 | 2,393 | 3,361 | — | 3,739 | -44,283 | 3,495 | — | -5,276 | 3,819 |
| Net income to common shareholders | 3,801 | 2,393 | 3,361 | — | 3,739 | -44,283 | 3,495 | — | -5,276 | 3,819 |
| Basic EPS | 28.74 | 18.10 | 25.43 | — | 28.08 | -327.19 | 25.54 | — | -37.43 | 26.71 |
| Diluted EPS | 28.70 | 17.93 | 25.40 | — | 28.08 | -325.97 | 25.50 | — | -37.40 | 26.55 |
| Average shares (basic) | 132 | 132 | 132 | — | 133 | 135 | 137 | — | 141 | 143 |
| Average shares (diluted) | 132 | 133 | 132 | — | 133 | 136 | 137 | — | 141 | 144 |
