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Carlsberg Q3 Revenue Up 17.8%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Carlsberg AS (CABGY.PK) on Thursday reported revenue of DKK 24.139 billion for the third quarter, up 17.8% from last year, driven by the positive acquisition impact of 21.5% from Britvic and the consolidation of Gorkha Brewery in Nepal.

Volume grew 16.2% year-on-year for the quarter.

For the 9-month period, revenue rose 18.1% to DKK 69.994 billion.

Looking ahead to the full year, the company expects organic growth in operating profit before special items of 3-5%.

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