The Danish brewer Carlsberg A/S saw a weak first quarter recover in the second as consumer confidence returned with the end to the Iraq war and the SARS outbreak.


In a statement the company said: “As in Q1, the first part of Q2 was characterised by
reluctance in consumers’ propensity to spend due to the overall economic uncertainty and the decline in the currency rates.


“However, the conclusion of the war in Iraq at the end of Q2 and the reduced fear of SARS, especially in Asia, led to increased consumer confidence and positive sales developments in June and July.


Overall in the first half Carlsberg saw beer volumes rise by 3%. However, operating profit (EBITA) amounted to DKK1,248m falling against the DKK1,814m in the same period last year. Profit before goodwill also fell to DKK 687m against DKK 943m last year.


Beer volumes reached 39.5m hl and soft drinks 10.3m hl for the first half-year.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.