Earnings Update: Royal Unibrew A/S (CPH:RBREW) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts

Last week saw the newest full-year earnings release from Royal Unibrew A/S (CPH:RBREW), an important milestone in the company's journey to build a stronger business. It looks like the results were a bit of a negative overall. While revenues of kr.15b were in line with analyst predictions, statutory earnings were less than expected, missing estimates by 2.1% to hit kr.29.20 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

View our latest analysis for Royal Unibrew

Taking into account the latest results, the consensus forecast from Royal Unibrew's nine analysts is for revenues of kr.15.8b in 2025. This reflects a reasonable 5.4% improvement in revenue compared to the last 12 months. Per-share earnings are expected to accumulate 3.7% to kr.30.34. Yet prior to the latest earnings, the analysts had been anticipated revenues of kr.15.8b and earnings per share (EPS) of kr.30.09 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

There were no changes to revenue or earnings estimates or the price target of kr.597, suggesting that the company has met expectations in its recent result. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values Royal Unibrew at kr.690 per share, while the most bearish prices it at kr.440. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that Royal Unibrew's revenue growth is expected to slow, with the forecast 5.4% annualised growth rate until the end of 2025 being well below the historical 17% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 4.0% annually. So it's pretty clear that, while Royal Unibrew's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Royal Unibrew going out to 2027, and you can see them free on our platform here.

That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Royal Unibrew , and understanding this should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.