Carlsberg shares rise after forecast-busting results
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Carlsberg shares increased by 4% following a report of 6% growth in annual underlying operating profit, reaching £1.3 billion, which is at the top end of its forecast range. The company anticipates further profit growth of 1% to 5% this year.
February 06, 2025 | 9:00 am
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Carlsberg's shares rose by 4% after the company reported a 6% increase in annual operating profit, reaching the top end of its forecast. The company expects further profit growth of 1% to 5% this year.
The 4% rise in Carlsberg's share price is directly linked to the better-than-expected earnings report, which showed a 6% increase in operating profit. The positive outlook for further profit growth of 1% to 5% this year is likely to sustain investor confidence, supporting a positive short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100