PrJSC Carlsberg Ukraine, a producer of beer, non-alcoholic and alcoholic beverages, increased its production by 8% in 2024, which allowed it to increase its net income from sales by 15.5%.
According to a report in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), Carlsberg Ukraine PJSC’s net financial result for 2024 increased by 19.38% and amounted to UAH 2.2 billion.
“The increase was due to revenue from the sale of all types of products, but mainly from the sale of non-alcoholic beverages (+49.6%) and cider (+33.6%),” the company explained, adding that 96.3% of the products manufactured were sold in Ukraine, with the remaining 3.7% exported.
PrJSC Carlsberg Ukraine continued its operations throughout 2024 and exported its products directly from Ukraine to more than 20 countries around the world. At the same time, the company used 100% Ukrainian barley to manufacture its products in order to support local farmers and the Ukrainian economy.
Currently, beer accounts for 86% of Carlsberg Ukraine’s production, cider for 1%, and non-alcoholic beverages for 13%.
According to the company, as a result of modernization and the launch of new lines, by the end of 2024, its market share by segment within the framework of innovations was as follows: alcoholic beer – 30%, non-alcoholic beer – 42.7%, kvass – 35%, cider – 55.8%, energy drinks – 6%.
PJSC Carlsberg Ukraine referred to data from the industry association Ukrpivo, according to which the company currently holds 33.3% of the market in the “alcoholic beer” category. The sales leaders in the group’s portfolio for 2024 were products under the Lvivske, S&R’s Garage, and Tuborg brands.
Somersby cider and Kvas Taras continue to occupy leading positions in their product categories.
According to the State Fiscal Service, Carlsberg Ukraine PJSC was included in the list of Ukraine’s largest taxpayers in 2024 and paid UAH 3.401 billion to the country’s budgets at all levels in the form of taxes and fees.
The company’s management emphasized that there is only one significant factor of uncertainty that could raise significant doubts about the company’s ability to continue its operations without interruption: a further significant escalation of military action, which could destabilize operations in Ukraine. In such a case, the Ukrainian representative office relies on the parent company having sufficient resources to continue its operations. At the same time, the Ukrainian division has promised to make every effort and take all possible measures to minimize any negative consequences.
According to data from Opendatabot, in 2024, Carlsberg Ukraine PJSC increased its revenue by 15.5% to UAH 12.488 billion, net profit by 19.4% to UAH 2.18 billion, debt obligations by 34.9% to UAH 5.11 billion, and assets by 33.1% to UAH 13.84 billion. The company currently employs 1,310 people.
Carlsberg Ukraine is part of the Carlsberg Group, one of the world’s leading brewery groups with a large portfolio of beer and other beverage brands. Carlsberg Ukraine includes factories in Zaporizhia, Kyiv, and Lviv. Carlsberg’s portfolio in Ukraine includes beer, alcoholic and non-alcoholic beverages of such brands as Lvivske, Robert Doms, Baltika, Carlsberg, Tuborg, Kronenbourg 1664, Arsenal, Kvas Taras, Somersby, etc.
