Royal Unibrew rises after Q3 EBIT beat

Royal Unibrew A/S

13/11/2025 10:17

** Shares in Danish beverage company Royal Unibrew RBREW.CO up nearly 3%

** Q3 EBIT comes at DKK 777 million ($121.35 million), 7.1% above the IBES estimate

** Beat driven by efficiency improvements and exiting low-margin businesses, J.P. Morgan says

** Royal Unibrew now expects its full-year 2025 EBIT growth to be at the high end of the previously forecast 8%-12% range

** "We expect the Q3 beat and upgraded FY25 EBIT outlook to drive 2%-3% upgrades to FY25 consensus EPS", the broker says

** Revenue, however, in the quarter comes below expectations, with JPM noting softer volumes in Western Europe due to poor weather in Italy and exits from private label contracts

** Including session moves, stock has gained 6.43% YTD

($1 = 6.4029 Danish crowns)

(Reporting by Agnieszka Olenska)

((Agnieszka.Olenska@thomsonreuters.com;))