Carlsberg says price increases gave solid start to 2024

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.