GERMANY: Carlsberg sees lower profits next year
By just-drinks.com editorial team | 22 September 2006
Carlsberg has said it expects profits from its German business to fall next year due to higher costs and continued tough competition. The Danish brewer, which holds the number five spot in Germany, said that earnings would be squeezed as raw material costs rose and the company prepared for a tax hike.
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Carlsberg has said it expects profits from its German business to fall next year due to higher costs and continued tough competition. The Danish brewer, which holds the number five spot in Germany, said that earnings would be squeezed as raw material costs rose and the company prepared for a tax hike.
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