Royal Unibrew slumps on Q2 miss

Royal Unibrew A/S

18/08/2026 08:37

** Shares in Royal Unibrew RBREW.CO fall 8% after the Danish brewer posted Q2 results below expectations and kept its 2026 guidance unchanged
** Its Q2 operating profit comes in at DKK 753 million ($117 million), below LSEG analyst poll of DKK 787.7 million
** "Whilst guidance has been reiterated, the weaker than anticipated 1H26 [organic] EBIT delivery could put modest pressure on consensus," Jefferies says
** Royal Unibrew keeps FY EBIT growth guidance at 6-10%, or DKK 2.33-2.43 billion
** Jyske Bank analyst Haider Anjum says Q3, the historically strongest quarter for the sector, will be decisive for whether the company meets the guidance or "creates momentum towards the upper end of the range"
** The stock, which is among the worst performers on STOXX 600 index .STOXX, is set for its worst day in 4 months if losses persist
($1 = 6.4604 Danish crowns)

(Reporting by Vera Dvorakova)
((vera.dvorakova@thomsonreuters.com))