Published: (24-02-2009)
Written by: Richard Ross
Carlsberg has posted strong results – suggesting it may have got the better part of the bargain when it divided up the Scottish & Newcastle business with Heineken.
The Danish brewer acquired Russia’s biggest brewer, Baltic Beverage Holdings, in the deal and has more than trebled net profit to Dkr124 million ($21.2 million) in its fourth quarter, on sales up by more than a third.
In the UK, Carlsberg has been hit by a decline in on-trade sales.
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