Carlsberg will release it third-quarter and year-to-date results on Wednesday (13 November). Here just-drinks takes a look at the brewer’s news in the three months to the end of September, and its results for the year so far.
- Carlsberg’s new brewery in Myanmar is expected to be completed by the end of next year, just-drinks learned in July. The site, which was first announced in February, will be north of Yangon, on the main road network connecting the south and north of Myanmar.
- Also in July, Carlsberg extended its sponsorship deal with Liverpool Football Club in the UK for another three years. Then, in September, the brewer unveiled a global ad campaign in support of its three-year deal to sponsor the English Premier League.
- There was mild panic in Denmark in August when Carlsberg announced it had run out of draught beer and soft drinks because of a strike at one of its production facilities. Fears abaited, however, when workers returned to their jobs a few days later.
- Towards the end of the quarter, Carlsberg’s Latvian subsidiary, Aldaris, said it was closing its main production facility to focus on the country’s growing craft beer sector. It is to outsource production of its mainstream beers, and PET production, to other Carlsberg breweries in Europe.
- Life has been tough for Carlsberg’s Russian unit in the past few quarters, however in September, an analyst said that pressure in the country is likely to slacken after the country’s Government voted to ease back on beer taxes from 2015.
In Carlsberg’s Q1:
- Net profits came in at DKK62m (US$10.9m) against a DKK76m loss a year earlier
- Net sales rose 3.9% to DKK13.28bn
- Operating profits grew by 15.1% to DKK661m
H1
- Net profits (adjusted) were up 4.9% to DKK2.2bn
- Net sales rose 2.5% to DK32.9bn
- Operating profits increased 1.3% to DKK4.1bn