The Danish brewery Carlsberg posted a financial report for the first quarter today without out too many surprises.
The beer producer saw a 2 percent increase in organic turnover growth to 13 billion kroner and has maintained its expectations for the rest of the year, thanks in part to a 20 percent growth in the eastern European market.
“We attained volume growth in Russia, Ukraine and Kazakhstan,” Carlsberg wrote.
“The Russian volume growth is primarily due to favourable comparison grounds, since we took significant steps last year to reduce our warehouse holdings with distributors over the market decline and the continued shift from …read more
Source: The Copenhagen Post
