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Carlsberg warns its beer sales in UK have gone flat

By Roger Baird

Published 20/08/2015

Beer giant Carlsberg said UK beer sales slumped in the first six months of the year as the group warned that full-year profits would be lower than expected
Beer giant Carlsberg said UK beer sales slumped in the first six months of the year as the group warned that full-year profits would be lower than expected

Beer giant Carlsberg said UK beer sales slumped in the first six months of the year as the group warned that full-year profits would be lower than expected.

The Danish firm said UK sales by volume fell 6% year-on-year in the first half, which it estimated was worse than the 4% decline suffered by the British market as a whole.

It blamed tough comparisons with last year's World Cup in Brazil, and bad weather, particularly in the second quarter.

The firm, which also brews Kronenbourg and Somersby cider, said group-wide interim pre-tax profits dropped 21% to 2.5bn Danish crowns (£238m) as sales volume falls in Eastern Europe and a flat performance in Western Europe offset rises in Asia. It said Western European volumes were broadly flat on a year ago impacted by poorer weather and the World Cup, while Eastern Europe saw volumes tumble by 18% as a deteriorating economic environment squeezed spending.

Belfast Telegraph

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