Denmark’s Carlsberg A/S turned in a rise in first-half net profit on unusual gains, but beer volumes and revenue declined as Eastern Europe and other regions remained under pressure. The brewer has been plagued by lackluster earnings amid those regional struggles and a weak ruble, and it said beer markets in Eastern Europe continue to be hit by the challenging macro environment, especially in Ukraine and Russia. Volumes were flat in...
Source: Wall Street Journal August 17, 2016 08:06 UTC