CARLB DC (Update)

Carlsberg AS

Consumer, Event Driven/Special Sit


Presented:06/23/2014
Price:DKK581.00
Cap:$13.20B
Current Price:DKK784.00
Cap:$15.35B

Presented

Date06/23/2014
PriceDKK581.00
Market Cap$13.20B
Ent Value$19.65B
P/E Ratio19.81x
Book ValueDKK55.87
Div Yield1.57%
Shares O/S152.54M
Ave Daily Vol310,000
Short IntN/A

Current

PriceDKK784.00
Market Cap$15.35B
Carlsberg A/S produces and sells beer and other beverage products in Western Europe, Eastern Europe, and Asia. The company offers its products under various international and local brands, including Carlsberg, Tuborg, Kronenbourg 1664, Grimbergen, Somersby, Shancheng, Chongqing, Wusu, Dali, Huang He, Xixia, Kasztelan, Okocim Harnas, Baltika 0, Baltika Cooler, Zatecky Gus, Holsten Zhigulevskoe, Baltika 7, Lvivske, Huda, Beerlao, and Angkor. Carlsberg A/S was founded in 1847 and is based in Copenhagen, Denmark.

Please note, this is an update to Long - Carlsberg A/S, which was originally presented on 4/10/14. As well, this idea was updated again on 12/3/14 and can be read here: LONG - Carlsberg A/S (CARLB DC)

Publicly traded companies mentioned herein: Carlsberg A/S (CARLB DC), Anheuser-Busch InBev (BUD/ ABI BR), SABMiller (SAB LN), Heineken (HEIN AS)

Highlights

Shares of Carlsberg (CARLB) are up slightly from early April (+8%), and the presenter remains long shares of the world’s fourth largest brewer. He provided a brief recap of the company’s operations and regional exposure (35% of EBIT derived from Eastern Europe, 35% from Russia, and the remaining revenue is principally from Asia/ China where they have many JVs with local brewers). Overall, CARLB’s strategy of partnering with local brands and then running distribution of other brands it owns through local markets has been working well.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.