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.
The great Guinness shortage has lessons for Diageo
Ireland has won the corporation tax game for now, but will that last?
Corkman leading €11bn development of Battersea Power Station in London: ‘We’ve created a place to live, work and play’
Elf doors, carriage rides and boat cruises: Christmas in Ireland’s five-star hotels
The company still expects organic operating profit this year at between 1 per cent and 5 per cent. - Reuters
(c) Copyright Thomson Reuters 2024
