09 January 2002

Satisfying results

They called the results "satisfying". Interesting choice of words. At the end of the third quarter, Carlsberg Breweries’ operating profit amounts to DKK 2.8 billion against DKK 1.8 billion last year (+55%). Growth in volumes also continues. Beer sales rose to 51.5 million hl (+16%) and soft drinks to 10.3 million hl (+25%).
Orkla, the 40% stakeholder in Carlsberg Breweries, reports that on the Nordic markets Carlsberg Breweries witnessed profit growth except in Sweden. This was blamed on the general market trend for beer and the integration process following the merger of Sweden’s brewers Pripps and Falcon into Carlsberg Breweries.
In the UK market the situation continues to be challenging.
In Russia, BBH has managed to increase its market share to 28 percent..

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