Russian sales dip hits Carlsberg
BBC Wednesday 9th May, 2012
Danish brewer Carlsberg reports a fall in profits for the first quarter of the year after being hit by a weak performance at its Russian business. Russian distributors stocked up at the end of last year ahead of a tax rise. Carlsberg reported a pre-tax profit of 59m krone ($10m; 6m) in the first three months of the year, down from 353m krone in the same period of 2011. Carlsberg, the world's fourth biggest brewer, makes nearly a quarter of its...
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