Carlsberg, the Danish brewing company, experienced an upswing in prices across its key markets in the first quarter, according to a statement from the CEO on Tuesday. The firm’s quarterly sales slightly surpassed projections.
Jacob Aarup-Andersen, Carlsberg’s chief executive, noted that the start of the year has been strong, with all three of their main markets – Western and Eastern Europe, and Asia – witnessing growth in terms of volume and revenue.
The CEO expressed special satisfaction with the expansion of their high-end range and the surge in volume and revenue from Asia. According to him, both these factors significantly contribute to the strategic growth of the company.
In contrast to analysts’ predictions of 17 billion, sales elevated by 4.4 per cent, reaching 17.13 billion Danish crowns (equivalent to €2.3 billion). Despite these positive results, the company is predicting an organic operating profit between 1 and 5 per cent for the current fiscal year.
Source: Thomson Reuters 2024. All rights reserved.