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14 November 2024

Carlsberg maintains profit forecast despite lower volumes in third quarter

Denmark | Danish brewer Carlsberg slightly missed analysts’ forecasts when it reported third quarter 2024 results on 31 October. Carlsberg reported that volumes fell in the third quarter, as poor summer weather across Europe and a consumer downturn in China hurt beer sales. Organic volumes fell 0.2 percent, whereas analysts had estimated the company to grow volumes during the quarter.

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