Carlsberg's CFO has said the company is "a little more negative" on Russia's consumers after continued problems in the country forced a full-year forecast downgrade.

Speaking to analysts on call after first-half results today, CFO Jørn Jensen said he continues to be optimistic about Russia structurally but said consumers had made Carlsberg rethink this year. Jensen said the revised outlook was part of the company's new guidance, which forecasts a slight decline in organic operating profits compared to the previous mid- to high-single-digit growth.

"We are not changing our view structurally on Russia at this time but we are starting to get a little more negative on what to expect from the Russian consumer," Jensen said. "Not necessarily on volume but in value terms for the remainder of this year."

Carlsberg, which is heavily exposed in Eastern Europe, has been hit hard by a declining beer market in Russia. In January, the company closed two of its Russian breweries and froze employee pay.

Meanwhile, Jensen said he expects China's west to outpace the east as the country appears to head for a slowdown in economic growth.

"We are definitely exposed to slower growth and market decline, no doubt about that," Jensen said. "But we do expect more economic growth in western China than in eastern China, helped by the investments China is making in western regions."

Carlsberg has upped its presence in western China with the takeover of Xinjiang-based brewer Wusu Beer Group in April.

Carlsberg, which completed its takeover of Chongqing Beer Group's remaining brewing interests in China late last year, has partnerships with a number of breweries in the country, particularly in the west. In Tibet, Carlsberg owns 33% of Lhasa Brewery while, in Qinghai, it owns 33% of the Qinghai Huang He Brewery.