Carlsberg sees strong sales in Asia and Western Europe


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

COPENHAGEN, Denmark (AP) — Danish brewer Carlsberg says its net revenue rose 5.3% to 18.5 billion kroner ($2.8 billion) in the third quarter on the back of strong sales in Asia and Western Europe.

CEO Cees 't Hart said Thursday the Asia region continued "its very good performance" and sales in western Europe were "solid" despite "the very warm and dry summer last year."

Carlsberg didn't publish net income figures for the three-month period but reiterated its recently lifted operating profit growth outlook which was expected at around 150 million kroner ($22.3 million), up from a previous expectation of 100 million kroner.

It also said it had signed an agreement to acquire the remaining 25% of Cambrew, one of Cambodia's largest breweries.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast