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Carlsberg Skimps on Russian Beer as Turmoil Weighs on Earnings
date:Aug 22, 2014
s does give them a boost, but its not the answer, said Trevor Stirling, an analyst at Sanford C. Bernstein in London.

The Russian market shrank as much as 7 per cent in the first half of the year by volume, Carlsberg said. After government measures to reduce drinking weighed on sales for the last five years, brewers are now contending with consumer pessimism brought about by the recent political tensions between Russia and its western trading partners.

Reduced Forecasts

Carlsberg reaffirmed i

12/21 23:56