Carlsberg seeing interest in its Russian business

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 61%

Belgique Nouvelles Nouvelles

Carlsberg last year generated 10% of its total revenue and 6% of its operating profit in Russia, where it has eight breweries and 8,400 employees.

Carlsberg, the Western brewer most exposed to the Russian market, joined rivals Anheuser-Busch and Heineken in seeking to withdraw after Moscow invaded Ukraine on February 24.

"Our calculations brought us to a certain valuation in the market. The question of course is whether we can get that valuation. That is difficult to assess," Hart said."Of course there are risks associated with this unprecedented situation." Hart also said it had reopened its Ukrainian breweries in Kyiv and Lviv, although they were not running at full capacity.The world's third-biggest brewer said sales in the first quarter rose 27% to 14.9 billion Danish crowns . The numbers did not include sales in Russia.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 16. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Kerry Group reaffirms full year earnings guidanceKerry Group said its Taste & Nutrition division saw overall volume growth of 6.8% with strong growth across many developed markets in the first quarter, while Dairy Ireland saw volume growth of 0.7%.
La source: RTEbusiness - 🏆 16. / 61 Lire la suite »