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13 November 2025

Carlsberg weighed down by weak consumer spending

Denmark | Carlsberg, on 30 October, reported a decline in underlying sales and volumes for the third quarter 2025 from a year earlier, citing a challenging consumer environment, and said it was taking steps to cut costs. The Danish brewer posted a 1.4 percent drop in organic sales – excluding acquisitions – and a 3 percent decline in organic volumes.

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