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Currency Fluctuations Hit Brewer Carlsberg In Q1

Published on May 1 2018 9:37 AM in Drinks tagged: Trending Posts / Beer / Carlsberg / Denmark / Paywall

Currency Fluctuations Hit Brewer Carlsberg In Q1

Danish brewer Carlsberg has posted a reported revenue decline of 5% in the first quarter of its financial year, due to a negative currency impact (-5%) and disposals (-2%).

Net revenue of DKK 12.7 billion was up 2% on an organic basis.

The brewer said that its Carlsberg volumes were flat for the period, with Tuborg up 11%, Grimbergen up 12%, and 1664 Blanc seeing a 44% volume increase.

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