date:May 08, 2014
ich excludes acquisitions and disposals, will rise by a high single-digit figure.
The maker of Tuborg beer is also expanding in Asia to seek relief from Europe, where slow economic growth and unemployment rates near record highs are weighing on consumer spending. Beer volume declined organically by 5% in Asia in the first quarter, compared with a 10% increase in final three months of 2013 and a 6% gain for all of last year. Western European volume rose 3% while dropping 7% in eastern Europe.