Carlsberg Group: in the first half of the year 2026 revenue grew by 2,7% and volumes by 2,8%

Carlsberg Group in the first half of the year 2026 recorded revenue growth of 2,7% which stood at approximately 6,3 billion euros, while organic volume growth was 2,8%.

The segments

At Group level, present in Italy with Angelo Poretti Brewery since 1877, non-alcoholic beers grew by11%, non-alcoholic beverages by 9% and premium beer by1%, while – at international brand level – Carlsberg grew by 6% and Tuborg by 3%.

The strategy

“Carlsberg Group delivered solid revenue and profit growth in the first half of the year, despite the still uncertain macroeconomic environment, and we continued to make good progress on our key strategic priorities, with particularly strong growth in soft drinks and non-alcoholic beers. We entered into a strategic partnership with Sapporo, further strengthening our premium beer portfolio, and announced the expansion of our partnership with PepsiCo in the Nordic countries, the Baltic countries and Azerbaijan,” said Jacob Aarup-Andersen, the Group’s CEO. “We are committed to achieving our target of 2,5x financial leverage and in 2026 we will make significant progress towards this target through the generation of free cash flow, the issuance of hybrid bonds and the proceeds from our investment in the new joint venture with Sapporo.”

Non-alcoholic beers have the edge

Alius Antulis, Managing Director of Carlsberg Italia, adds: “The 2026 is proving to be a positive year thanks to the Group’s strategic choices. The growth of non-alcoholic beers globally reflects an evolution in consumption occasions and lifestyles that we are also observing in Italy. In our country, in fact, the non-alcoholic beer segment continues to be one of the main drivers of innovation and growth in the beer market, and our 4 Luppoli Zero from Angelo Poretti Brewery stands out as one of the best-performing brands in the segment, with growth of 71,3% in volume in the retail channel and 34% in the out-of-home channel. Our goal is to continue innovating our portfolio, making it ever broader and more inclusive, in order to respond to changing consumer tastes and needs.”

This article was translated from the original Italian version with the assistance of artificial intelligence. In case of discrepancies, please refer to the original Italian version.