Premium beer sales lift Carlsberg's outlook


KUALA LUMPUR: Analysts are keeping a "buy" call on Carlsberg Brewery Malaysia Bhd as a focus on premium brands and a pick up in sales of Sapporo lift the brewer's outlook for the year.

Hong Leong Investment Bank (HLIB) Research expects FY24 to be a "transitional year" for Carlsberg amid expectations of positive sales for Sapporo.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Carlsberg , beer , Sapporo , Asahi , brewery , consumer , HLIB , RHB , TA Securities

Next In Business News

Indonesia scraps plan to introduce B50 biodiesel this year, will raise palm oil export levy
Gold notches record high, silver cracks US$90 on Fed rate cut bets
Ninja Van Malaysia projects 5-10% growth in domestic parcel volumes in 2026
Guan Huat Seng Holdings IPO oversubscribed by 4.78 times
Maybank GWM financial assets hit RM565bil on Islamic wealth strong momentum
Trump tariffs in focus ahead of key US court decision
Asian stocks rise; FX lack direction on steady dollar, Fed rate-cut bets
China's 2025 copper imports lowest since 2020 amid major price rally
Trilateral links will boost growth
Strong growth for Malaysia's Islamic banking sector - S&P Global Ratings

Others Also Read