Carlsberg Group Upgrades 2018 Earnings Expectations

Back To Homepage Subscribe To RSS Feed

Breaking News

Glanbia to expand its Nutritional Solutions business with $300 million acquisition Spread the loveGlanbia plc, the Better Nutrition company, has agreed to acquire US-based Flavor Producers LLC for an initial consideration of $300 million plus deferred consideration. Flavor Producers is a leading...
Booze brands remain on top in annual ranking of top 25 Irish brands Spread the loveValued at EUR2.4 billion, Guinness remains the most valuable Irish brand for the third consecutive year, according to new data from Brand Finance, the world’s leading brand valuation consultancy. Guinness continues to...
Refresco expands in North America Spread the loveRefresco, the global independent beverage solutions provider for global, national, and emerging (GNE) brands and retailers in Europe, North America, and Australia, has completed the acquisition of VBC...
Deposit Return Scheme surpasses 20 million drinks containers collected since launch Spread the loveIreland’s Deposit Return Scheme, Re-turn, has achieved a significant milestone, collecting over 20 million drinks containers since its inception on February 1. This achievement was reached on March...
DS Smith, invests €6 million in state of the art 4-colour converting machine for EERBEEK Packaging Plant in the Netherlands in response to demand for Sustainable Plastic Replacement & Fibre-Based Packaging Solutions Spread the loveLONDON, Wednesday 3rd April 2024 – DS Smith, a leading global sustainable fibre-based packaging company, is investing in its Eerbeek packaging plant in the Netherlands in response to...

Carlsberg Group Upgrades 2018 Earnings Expectations

October 30

09:31 2018

Print This Article

Spread the love

As a result of higher-than-expected third-quarter revenue and operating profit, the Carlsberg Group is adjusting its 2018 earnings expectations upwards. Good progress on the brewer’s strategic priorities, strong execution of its Funding the Journey strategy and a warm summer in Western Europe are the main reasons behind the strong third-quarter performance. Consequently, Carlsberg Group now expects: 10-11% organic operating profit growth (previously high-single-digit percentage growth). Capital expenditure is expected to be DKr4.0-4.5 billion (previously around DKr4.5 billion).

Warning: count(): Parameter must be an array or an object that implements Countable in /home/fdbusiness/public_html/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5

About Author

Scroll Back To Top More Articles From Author

mike

Scroll Back To Top

FDBusiness.com

Carlsberg Group Upgrades 2018 Earnings Expectations

Carlsberg Group Upgrades 2018 Earnings Expectations

About Author

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here

Advertisements

FDBusiness.com

Carlsberg Group Upgrades 2018 Earnings Expectations

Carlsberg Group Upgrades 2018 Earnings Expectations

About Author

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here

Advertisements

Loading..

Loading, Please Wait!