<p>[伦敦] 嘉士伯在周三（4 月 29 日）报告了超过一年以来首次的季度销量增长，这为这家丹麦酿酒商带来了一丝欣慰，因为该行业正面临来自伊朗战争的挑战，这些挑战威胁着推高成本并影响需求。</p>
<p>作为全球第三大酿酒商，嘉士伯及其更大的同行安海斯 - 布希英博和喜力都在努力销售更多啤酒，面临的因素包括恶劣天气和地缘政治不确定性。</p>
<p>现在，中东的冲突可能使罐头、瓶子和化肥的价格上涨，并给饮酒者的钱包带来更大压力，同时也增加了对未来的担忧。</p>
<p>嘉士伯首席执行官雅各布·阿鲁普 - 安德森表示，即使冲突得到解决，供应链和商品的连锁反应可能会持续到 2026 年大部分时间。</p>
<p>“我们正在为今年剩余时间的持续危机做准备，” 他通过电话告诉路透社。</p>
<p>由于第一季度的销量和收入超出预期，嘉士伯的股价在早盘交易中上涨超过 3%。</p>
<h3>在新的全球秩序中驾驭亚洲</h3>
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<p>在第一季度，总销量有机增长 2.8%，超出分析师预期。2025 年销量持续下降。</p>
<p>阿鲁普 - 安德森表示，嘉士伯今年已对成本上涨进行了对冲，消费者情绪的影响迄今为止有限。嘉士伯预计在第二季度将再次销售更多饮品，并预测全年销量增长。这家生产包括克朗堡 1664、图博格和索默斯比等品牌的公司在软饮料领域的拓展超过了同行，这有助于缓解乏力的啤酒销售。</p>
<p>RBC Capital 的分析师詹姆斯·爱德华斯·琼斯表示，回归销量增长是 “令人鼓舞的”。</p>
<p>另见</p>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/88e374ebf3774db50f3638f1363c9d65038326c031bcac41d3613e561b380d73/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/88e374ebf3774db50f3638f1363c9d65038326c031bcac41d3613e561b380d73/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>嘉士伯据说开始为印度子公司进行 7 亿美元的 IPO 流程</h3>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/b1e607f625beb0fa2bb6a1b6986a913de0edccf9e2b2cdc5209473f995c71af4/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/b1e607f625beb0fa2bb6a1b6986a913de0edccf9e2b2cdc5209473f995c71af4/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>嘉士伯因削减成本和与 Britvic 的交易而年利润超出预期</h3>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/b1e607f625beb0fa2bb6a1b6986a913de0edccf9e2b2cdc5209473f995c71af4/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/b1e607f625beb0fa2bb6a1b6986a913de0edccf9e2b2cdc5209473f995c71af4/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>嘉士伯可能出售部分亚洲业务，札幌正在洽谈</h3>
<p>“这是一个不错的季度，” 他继续说道。路透社</p>
<p>解码亚洲通讯：您在新的全球秩序中驾驭亚洲的指南。点击这里注册以获取解码亚洲通讯，送达您的邮箱，免费。</p>

嘉士伯(ADR)

纳斯达克食品饮料 ETF - First Trust

<p>嘉士伯 (ADR) 报告称，尽管面临可能增加成本和影响需求的伊朗危机，该公司在一年多以来首次实现季度销量增长 2.8%。首席执行官雅各布·阿鲁普 - 安德森表示，供应链的影响可能会持续到 2026 年。由于第一季度业绩超出预期，嘉士伯的股价上涨超过 3%。嘉士伯预计在第二季度及全年将继续实现销售增长，得益于其在软饮料领域的扩展，这缓解了啤酒销量疲软的问题。分析师认为本季度的表现令人鼓舞</p>

<p>[LONDON] Carlsberg on Wednesday (Apr 29) reported quarterly volume growth for the first time in over a year, bringing some cheer for the Danish brewer as the industry confronts challenges from the Iran war that threaten to drive up costs and hit demand.</p>
<div class="lb-trans"><p>[伦敦] 嘉士伯在周三（4 月 29 日）报告了超过一年以来首次的季度销量增长，这为这家丹麦酿酒商带来了一丝欣慰，因为该行业正面临来自伊朗战争的挑战，这些挑战威胁着推高成本并影响需求。</p>
</div><p>The world’s third-largest brewer and its larger peers Anheuser-Busch InBev and Heineken have all been struggling to sell more beer in the face of factors ranging from bad weather to geopolitical uncertainty.</p>
<div class="lb-trans"><p>作为全球第三大酿酒商，嘉士伯及其更大的同行安海斯 - 布希英博和喜力都在努力销售更多啤酒，面临的因素包括恶劣天气和地缘政治不确定性。</p>
</div><p>Now, conflict in the Middle East could make cans, bottles and fertiliser more expensive and place more strain on drinkers’ wallets, as well as increasing concerns about the future.</p>
<div class="lb-trans"><p>现在，中东的冲突可能使罐头、瓶子和化肥的价格上涨，并给饮酒者的钱包带来更大压力，同时也增加了对未来的担忧。</p>
</div><p>Carlsberg CEO Jacob Aarup-Andersen said that ripple effects on supply chains and commodities would likely last for most of 2026, even if there is a resolution to the conflict.</p>
<div class="lb-trans"><p>嘉士伯首席执行官雅各布·阿鲁普 - 安德森表示，即使冲突得到解决，供应链和商品的连锁反应可能会持续到 2026 年大部分时间。</p>
</div><p>“We’re planning for a continued crisis for the rest of the year,” he told Reuters by phone.</p>
<div class="lb-trans"><p>“我们正在为今年剩余时间的持续危机做准备，” 他通过电话告诉路透社。</p>
</div><p>The brewer’s shares rose over 3 per cent in early trade as its first-quarter volumes and revenue surpassed expectations.</p>
<div class="lb-trans"><p>由于第一季度的销量和收入超出预期，嘉士伯的股价在早盘交易中上涨超过 3%。</p>
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<div class="lb-trans"><h3>在新的全球秩序中驾驭亚洲</h3>
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<div class="lb-trans"><p>获取洞察，送达您的邮箱。</p>
</div><p>In the first quarter, total volumes rose 2.8 per cent organically and were ahead of analyst forecasts. Volumes declined throughout 2025.</p>
<div class="lb-trans"><p>在第一季度，总销量有机增长 2.8%，超出分析师预期。2025 年销量持续下降。</p>
</div><p>Carlsberg is hedged against cost increases this year and the impact on consumer sentiment has so far been limited, Aarup-Andersen said. Carlsberg expects to sell more drinks again in the second quarter and forecasts volume growth over the full year. The maker of brands including Kronenbourg 1664, Tuborg and Somersby has pushed further into soft drinks than its peers, which has helped buffer lacklustre beer sales.</p>
<div class="lb-trans"><p>阿鲁普 - 安德森表示，嘉士伯今年已对成本上涨进行了对冲，消费者情绪的影响迄今为止有限。嘉士伯预计在第二季度将再次销售更多饮品，并预测全年销量增长。这家生产包括克朗堡 1664、图博格和索默斯比等品牌的公司在软饮料领域的拓展超过了同行，这有助于缓解乏力的啤酒销售。</p>
</div><p>The return to volume growth was “encouraging”, James Edwardes Jones, an analyst at RBC Capital, said.</p>
<div class="lb-trans"><p>RBC Capital 的分析师詹姆斯·爱德华斯·琼斯表示，回归销量增长是 “令人鼓舞的”。</p>
</div><p>SEE ALSO</p>
<div class="lb-trans"><p>另见</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/88e374ebf3774db50f3638f1363c9d65038326c031bcac41d3613e561b380d73/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/88e374ebf3774db50f3638f1363c9d65038326c031bcac41d3613e561b380d73?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>Carlsberg said to begin US$700 million IPO process for India unit</h3>
<div class="lb-trans"><h3>嘉士伯据说开始为印度子公司进行 7 亿美元的 IPO 流程</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/b1e607f625beb0fa2bb6a1b6986a913de0edccf9e2b2cdc5209473f995c71af4/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/b1e607f625beb0fa2bb6a1b6986a913de0edccf9e2b2cdc5209473f995c71af4?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>Carlsberg’s annual profits beat forecasts due to cost cuts, Britvic deal</h3>
<div class="lb-trans"><h3>嘉士伯因削减成本和与 Britvic 的交易而年利润超出预期</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/b1e607f625beb0fa2bb6a1b6986a913de0edccf9e2b2cdc5209473f995c71af4/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/b1e607f625beb0fa2bb6a1b6986a913de0edccf9e2b2cdc5209473f995c71af4?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>Carlsberg may sell some Asia operations, Sapporo in talks</h3>
<div class="lb-trans"><h3>嘉士伯可能出售部分亚洲业务，札幌正在洽谈</h3>
</div><p>“This was a good quarter,” he continued. REUTERS</p>
<div class="lb-trans"><p>“这是一个不错的季度，” 他继续说道。路透社</p>
</div><p>Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.</p>
<div class="lb-trans"><p>解码亚洲通讯：您在新的全球秩序中驾驭亚洲的指南。点击这里注册以获取解码亚洲通讯，送达您的邮箱，免费。</p>
</div>

Carlsberg sees sales growth through 2026 even as Iran crisis looms

嘉士伯预计销售增长将持续到 2026 年，尽管伊朗危机正在逼近