Price hikes spell AB InBev Q3 hit, Carlsberg miss

  • Reading time:4 min(s) read

Anheuser-Busch InBev (ABI.BR) and Carlsberg (CARLb.CO) showed sharply contrasting fortunes in the third quarter, the former persuading U.S. and Brazilian beer drinkers to swallow higher prices while the latter suffers a tax-rise hangover in Russia. (more…)

Carlsberg to cut up to 150 jobs in Europe

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* Brewer says to cut up to 150 jobs
* Says challenging and uncertain markets ahead
* Says maintains long-term ambition for profitable growth (Adds details, comments, share price) (more…)

Russian market hammers Carlsberg

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The Russian market continued to hammer Carlsberg as the brewer reported a 20 per cent slump in organic operating profits to DKr3.3bn ($604m) in the third quarter. (more…)