date:Aug 18, 2012
following the half year results, Societe Generale said in a note that Carlsbergs main downside risk is further regulation in the beer market. Its main upside risk is a sharp fall in input costs which would result in significantly higher margin, notably in Russia.
Carlsbergs second quarter profit before interest, tax and some one-time items fell 6.1% to 3.47 billion kroner (455m), the Copenhagen-based brewing company said.
Carlsberg will publish its Q3 results on 7 November.