Danish brewer Carlsberg saw price increases in all its main markets during the first quarter, its chief executive said on Tuesday as the company reported quarterly sales slightly above expectations.
"We've had a solid start to the year with volume and revenue growth in all three regions," CEO Jacob Aarup-Andersen said in a statement, referring to Carlsberg's main markets in Western and Eastern Europe and Asia.
"We're particularly satisfied with the growth of our premium portfolio and the volume and revenue growth in Asia, both of which are important strategic growth drivers for the group," he said.
Sales rose 4.4 per cent to 17.13 billion Danish crowns (€2.3 billion), compared with 17 billion forecast by analysts in a poll gathered by the company.
Wills without residuary clauses can see people inherit even if you didn’t want them to
Ireland needs to oppose EU proposals to cut patent protection on medicines
Negotiation is a fact of life, whether you are trying to buy a house, close a deal or squeeze a pay rise
AIB offloads risk and obesity drug boss calls on Ireland to step up to the plate
The company still expects organic operating profit this year at between 1 per cent and 5 per cent. - Reuters
(c) Copyright Thomson Reuters 2024