Beer brewers like Carlsberg and AB InBev expect taps to flow this summer but for spirit makers, it doesn't look as rosy [Fortune]
CARLSBERG AS SP/ADR REP B (CABGY)
NASDAQ:AMEX Investor Relations:
carlsberggroup.com/investor-relations/shares
Company Research
Source: Fortune
Heineken NV, Carlsberg AS and Budweiser maker Anheuser-Busch InBev NV are among the beer companies that will benefit if good weather coincides with the Euro 2024 football tournament in June and July, analysts predict. European football championships help drive beer sales in Europe, especially in bigger countries like the UK, France, Spain, Italy and Germany, said Bloomberg Intelligence analyst Duncan Fox. If these countries progress to the latter stages of the tournament as expected, brewers are likely to see a surge in volumes. Betting odds show these countries as favorites, with England leading the pack. Germany, the UK and Spain are among the top 10 beer consumers worldwide, according to Statista. “If you get the sort of Goldilocks scenario of a beautiful summer, England playing Italy in the finals, or England versus France, that will of course be pretty helpful to the industry,” said Barclays analyst Laurence Whyatt. Brewers including Carlsberg expect better weather to boos
Show less
Read more
Impact Snapshot
Event Time:
CABGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CABGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CABGY alerts
High impacting CARLSBERG AS SP/ADR REP B news events
Weekly update
A roundup of the hottest topics
CABGY
News
- Russia Takes Control of Agricultural Holding Backed by US Firm [BNN Bloomberg (Canada)]BNN Bloomberg
- Ukrainian Brewers Fight to Establish Identity With New Style of Beer [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Ukrainian Brewers Fight to Establish Identity With New Style of Beer [BNN Bloomberg (Canada)]BNN Bloomberg
- Heineken Warns Sticky Inflation Will Hit Beer Demand This Year [Yahoo! Finance]Yahoo! Finance
- Heineken Forecasts Single Digit Operating Profit Growth in 2024 [BNN Bloomberg (Canada)]BNN Bloomberg