Carlsberg released its Q1 update. Organic volumes contracted by 2% (cons. -1.1%). Organic revenue was up +2% (cons. 1.3%). Price/mix stood at 4%. On reported figures, revenue was down -3% (FX: -5%). Q1 beer volumes by region: Western Europe -7% (cons. -4.1%), Eastern Europe +6% (cons. -2.5%), Asia -1% (cons. +1%). Q1 organic net revenue by region: Western Europe -3% (cons. -2.6%), Eastern Europe +20% (cons. +10%), Asia +5% (cons. +4.6%). The group maintains its FY guidance of organic operatin
11 May 2016
Boring Q1
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Boring Q1
Carlsberg AS Class B (CARL:WBO) | 0 0 1.8% | Mkt Cap: 110,929m
- Published:
11 May 2016 -
Author:
Anna Zyniewicz -
Pages:
2
Carlsberg released its Q1 update. Organic volumes contracted by 2% (cons. -1.1%). Organic revenue was up +2% (cons. 1.3%). Price/mix stood at 4%. On reported figures, revenue was down -3% (FX: -5%). Q1 beer volumes by region: Western Europe -7% (cons. -4.1%), Eastern Europe +6% (cons. -2.5%), Asia -1% (cons. +1%). Q1 organic net revenue by region: Western Europe -3% (cons. -2.6%), Eastern Europe +20% (cons. +10%), Asia +5% (cons. +4.6%). The group maintains its FY guidance of organic operatin