Russian Difficulties For Beer-Makers
date:Aug 21, 2014
saying it continues to invest in its brands there and to maintain a high level of commercial activities.

Carlsberg reported a 5.9 per cent gain in earnings before interest, taxes and one-time items in the quarter to 3.6 billion Danish kroner ($643 million). The average of 10 analyst estimates compiled by Bloomberg was for 3.38 billion kroner.

At Heineken, quarterly earnings before interest and taxation rose 9.6 per cent to 1.45 billion euro ($1.93 billion), excluding some items. The median of
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