Carlsberg Widens Profit Outlook Range on Demand Uncertainty

The Carlsberg headquarters in Copenhagen, Denmark.Photographer: Carsten Snejbjerg/Bloomberg

Carlsberg A/S widened its operating profit outlook compared with last year in a move reflecting the brewer’s cautious stance over future demand for its drinks.

The Danish company expectsBloomberg Terminal organic growth of between 2% and 6% in 2026, with Chief Executive Officer Jacob Aarup-Andersen warning that demand for beer in western markets remains subdued.