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Deteriorating Beer Markets in Eastern Europe Will Adversely Impact Carlsberg
date:Aug 25, 2014
low- single-digit growth). Organic operating profit is projected to grow low- to mid-single-digit percentages (previously high-single-digit percentages).

In the first half of 2014, Carlsberg reported a 0.7% rise in operating profit to DKr4.1 billion on net revenue up 1% to DKr32.1 billion. Despite a strong beer volume performance in Western Europe, group beer volume declined organically by 3% impacted by market decline in Eastern Europe. The groups market share increased in its Asian region an

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