Q3 update: organic sales were down 1% (cons. -0.2%) with volumes -4% (cons. -4.5%) and a +3% price/mix. On a reported basis, revenue was down 5% (FX: -1%, net acquisitions -3%). OG net revenue by region: Western Europe -4% (cons. -0.9%, impacted by poor weather), Eastern Europe -2% (cons. -6%, with strong pricing +10%) and Asia +7% (cons. +5.7%). OG beer volume by region: Western Europe -4% (cons. -2.3%), Eastern Europe -11% (cons. -11.8%) and Asia +3% (cons. +1%). The FY guidance is upgraded
02 Nov 2017
Q3: speeds up Funding the Journey
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Q3: speeds up Funding the Journey
Carlsberg AS Class B (CARL:WBO) | 0 0 1.8% | Mkt Cap: 110,929m
- Published:
02 Nov 2017 -
Author:
Anna Zyniewicz -
Pages:
2
Q3 update: organic sales were down 1% (cons. -0.2%) with volumes -4% (cons. -4.5%) and a +3% price/mix. On a reported basis, revenue was down 5% (FX: -1%, net acquisitions -3%). OG net revenue by region: Western Europe -4% (cons. -0.9%, impacted by poor weather), Eastern Europe -2% (cons. -6%, with strong pricing +10%) and Asia +7% (cons. +5.7%). OG beer volume by region: Western Europe -4% (cons. -2.3%), Eastern Europe -11% (cons. -11.8%) and Asia +3% (cons. +1%). The FY guidance is upgraded