Carlsberg Misses First-Half Forecasts and Warns of Tough Year Ahead

Carlsberg has fallen short of expectations in the first half of 2025. The Danish brewer reported weaker sales and profits than analysts predicted, showing how tough the beer market has become this year. We see this happening at a time when inflation is still pushing up costs for ingredients, packaging, and transport. Consumers are also changing how they spend, and that’s reshaping the industry.