COPENHAGEN (AP) – Danish brewer Carlsberg A/S posted Wednesday a 25 percent hike in third-quarter profit, citing successful cost-cutting strategies and strong returns in Eastern European and Asian markets.
The beer producer said net profit rose to 1.5 billion kroner ($297 million) in the July through September period from 1.2 billion kroner in 2008.
Date: 08/05/2009 06:47 AM
COPENHAGEN (AP) – Danish brewer Carlsberg A/S on Wednesday reported a 36 percent rise in second-quarter profit largely on cost cuts as the company saw only a slight increase in sales.
Net profit in April through June was 1.94 billion kroner ($375 million), up from 1.42 billion kroner in 2008, the company said. Revenue increased to 17.6 billion kroner from 17.5 billion kroner.
Date: 05/06/2009 04:41 AM
JAN M. OLSEN
Associated Press Writer
COPENHAGEN, Denmark (AP) – Carlsberg A/S on Wednesday said its losses widened in the first quarter as the Danish brewer took a hit from higher financing costs related to its joint acquisition with Heineken of Scottish & Newcastle.
Carlsberg, whose beer brands include Tuborg, Baltika and Kronenbourg, posted a net loss of 212 million kroner ($38 million) compared with a loss of 129 million kroner in the first quarter of 2008.