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Carlsberg toasts healthy Q1 sales alongside PepsiCo potential – results data

Olly Wehring
Last updated: 05/05/2026 at 6:08 PM
By Olly Wehring
29 April 2026
3 Min Read

‘The growth prospects and value creation opportunities from a business model that combines the Carlsberg and PepsiCo beverage portfolios are truly significant.’


Carlsberg quarterly sales Q1 2022-Q1 2026 chart

Carlsberg has posted its strongest rise in quarterly sales for two years, bettering its rival, Heineken, in the three months to the end of March.

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Sales in three months to end of March rise by 3.6% to DKK20.72bn (US$3.25bn)Group volumes increase 2.8%, brand Carlsberg jumps 10%, thanks to China and IndiaCarlsberg has posted its strongest rise in quarterly sales for two years, bettering its rival, Heineken, in the three months to the end of March.The company said today (29 April) that its Q1 sales came in up by 3.6% on the corresponding period in 2025. The performance, Carlsberg's best since Q1 2024, cast a shadow across Heineken's +2.8% showing in the same period, which was announced last week. A near-3% increase in volumes for the qu

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TAGGED:Carlsberg
Olly Wehring
ByOlly Wehring
Olly has been reporting on the beverage industry as a B2B journalist since 2003. He spent 18 years at Just Drinks, 16 of which as managing editor. Since joining Global Drinks Intel in 2022, he's interviewed the CEOs for brand owners including AB InBev, Campari Group, Carlsberg, Heineken and Suntory Global Spirits and has a bulging contacts book from across beverage alcohol worldwide.
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