Russian Difficulties For Beer-Makers
date:Aug 21, 2014
the statement.

Higher Profit

At Carlsberg, the volume of beer sold in eastern Europe declined 13 per cent in the second quarter on an organic basis, which excludes acquisitions and divestments. Higher prices in the region limited the drop in net revenue to 4 per cent.

The Russian beer market contracted by 6 per cent to 7 per cent in the first half and the Danish company said its share of that declined by 1.2 percentage points to 37.4 per cent.

The brewer reaffirmed its commitment to Russia,
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