Royal Unibrew A/S (ROYUF) Set to Release Earnings on Wednesday

Royal Unibrew A/S (OTCMKTS:ROYUF) is expected to be announcing its results before the market opens on Wednesday, November 11th. Analysts expect the company to announce earnings of $1.85 per share and revenue of $653.29 million for the quarter.

Royal Unibrew A/S Trading Up 13.5%

Shares of ROYUF traded up $8.25 during mid-day trading on Wednesday, reaching $69.25. The company’s stock had a trading volume of 400 shares, compared to its average volume of 256. Royal Unibrew A/S has a 12-month low of $61.00 and a 12-month high of $70.00. The company’s 50 day moving average is $66.27 and its 200 day moving average is $68.86.

About Royal Unibrew A/S

Royal Unibrew A/S is a Denmark-based beverage company that produces, markets and distributes beer, soft drinks, cider, long drinks, energy drinks and other alcoholic and non-alcoholic beverages. Its portfolio includes both international brands and established local brands, including Royal, Faxe Kondi, Albani, Ceres, Egekilde and Lottrup.

The company serves consumers through retail, food-service and hospitality channels. Its operations are concentrated in Northern and Western Europe, including Denmark, Finland, Norway, the Baltic countries, France and Italy, with products also sold in selected international markets through exports and distribution partnerships.

Royal Unibrew traces its heritage to historic Danish breweries and has expanded through the development and acquisition of beverage brands across Europe.