Carlsberg brewer at its best

Danish brewer Carlsberg posted higher-than-expected 2007 operating profits today and said it saw rising profits this year.

Danish brewer Carlsberg posted higher-than-expected 2007 operating profits today and said it saw rising profits this year.

The world's fifth-biggest brewer reported earnings before interest and taxes of 5.3 billion Danish crowns (€710 million).

The figure is up 30 per cent from 2006. Carlsberg said it saw operating profit of about 5.9 billion crowns this year.

Sales in 2007 rose 9 per cent to 44.8 billion crowns (€6 billion) at the brewer, which has made an agreed bid for Britain's Scottish & Newcastle (S&N) with Heineken