Refile: BUZZ-Royal Unibrew tracks worst day in 17 yrs after northern Europe contract with Pepsi ends

Royal Unibrew A/S

21/04/2026 08:27

Fixes spelling in headline, no change to text

** Shares in Royal Unibrew RBREW.CO fall around 19%, hurt by the end of its northern Europe partnership with PepsiCo PEP.O as parties could not reach agreement

** The license covering Denmark, including German border trade, Finland, and the Baltic states accounts for about 13% of net revenue, the brewer says

** Royal Unibrew's shares, which sit at the bottom of STOXX 600 .STOXX, head for their worst day in 17 years if losses persist

** They hit their lowest price in 2 years

** The partnership in Benelux will continue beyond 2028 in accordance with the applicable contracts, the company adds

** Rival Carlsberg CARLb.CO is to become PepsiCo's bottler in Denmark, Finland and the Baltic states as of 2029

** Shares in Carlsberg remain largely unchanged

(Reporting by Izabela Niemiec)

((Izabela.Niemiec@thomsonreuters.com))