CARL B Carlsberg A/S Class B

Carlsberg Foundation sale of shares in connection with Carlsberg A/S share buy-back programme

Carlsberg Foundation sale of shares in connection with Carlsberg A/S share buy-back programme

Please see attached document.

Attachment

EN
27/07/2020

Underlying

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Reports on Carlsberg A/S Class B

Carlsberg AS: 2 directors

Two Directors at Carlsberg AS bought 2,600 shares at between 773.240DKK and 774.437DKK. The significance rating of the trade was 76/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the ...

ABGSC Food & Beverage Research ... (+2)
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ABGSC Food & Beverage Research ... (+2)
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  • Mikkel Kousgaard Rasmussen
ABGSC Food & Beverage Research ... (+2)
  • ABGSC Food & Beverage Research
  • Mikkel Kousgaard Rasmussen
Jesper Ingildsen
  • Jesper Ingildsen

Carlsberg (Buy, TP: DKK1075.00) - Soft Q1, but with bright spots

We consider the Q1 results slightly on the soft side (with organic volume misses across the board), albeit less so adjusted for the loss of the San Miguel contract. Despite the general weakness, there were a couple of bright spots, including positive commentary on the premium beer market in China. We reiterate our BUY and DKK1,075 target price.

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