Breaking News, World News and Taiwan News.

Carlsberg: beer demand falling in Europe, Russia

COPENHAGEN, Denmark--Carlsberg says beer sales are likely to fall this year in western Europe and Russia, but continue to grow in Asia.

The Copenhagen-based group says its fourth-quarter net sales fell slightly to 15.7 billion kroner (US$2.9 billion) as overall beer volumes dropped 3 percent.

Net profit in the period, however, surged to 1.13 billion from 192 million kroner, but mainly because the comparative 2012 figures included discontinued operations in Ukraine and closures in Russia.

Revenue in 2013 increased slightly to 66.6 billion kroner, chiefly because of growth in Asian markets. Carlsberg said Wednesday that Asia would remain a main target of investments.

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
WSJA
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap
  chinapost search