Carlsberg’s Q4 update: organic sales were down 2% (cons. +1.3%) with volumes down 5% (cons. -2.8%) and +3% price/mix. On a reported basis, revenue was down 6% (FX: -2%). OG net revenue by region: Western Europe -3% (cons. 0.7%), Eastern Europe -4% (cons. 1.2%) and Asia 4% (cons. 1.6%). OG beer volume by region: Western Europe -5% (cons. -2%), Eastern Europe -10% (cons. -3.6%, impacted by the PET 1.5l+ ban) and Asia -2% (cons. -1.9%). On a FY basis, sales progressed organically by +2% an
08 Feb 2017
Weak Q4;FY17 will be a year of delivery for “Funding the Journey”
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Weak Q4;FY17 will be a year of delivery for “Funding the Journey”
Carlsberg AS Class B (CARL:WBO) | 0 0 1.8% | Mkt Cap: 110,929m
- Published:
08 Feb 2017 -
Author:
Anna Zyniewicz -
Pages:
3
Carlsberg’s Q4 update: organic sales were down 2% (cons. +1.3%) with volumes down 5% (cons. -2.8%) and +3% price/mix. On a reported basis, revenue was down 6% (FX: -2%). OG net revenue by region: Western Europe -3% (cons. 0.7%), Eastern Europe -4% (cons. 1.2%) and Asia 4% (cons. 1.6%). OG beer volume by region: Western Europe -5% (cons. -2%), Eastern Europe -10% (cons. -3.6%, impacted by the PET 1.5l+ ban) and Asia -2% (cons. -1.9%). On a FY basis, sales progressed organically by +2% an