Carlsberg Group has acquired a 12.1% stake in Baltika Breweries for an undisclosed sum to increase its ownership of the Russian brewer to 96.8%. When the necessary administrative steps have
Tag "Carlsberg Group"
Helped by market share gains in all regions, Carlsberg has reported a 47% rise in net profit to DKr3.28 billion in the first half of 2012 on organic net revenue
Baltika Breweries has been informed by MICEX that its application for a delisting of its shares has been approved. The last day of trading in Baltika Breweries shares on the
Carlsberg Group has reported a 2.8% rise in revenue to DKr12.9 billon (Eur1.7 billion) but operating profit declined by 43% to DKr574 million for its first quarter as volumes falls in Russia,
Following on from last year’s global repositioning of its Carlsberg flagship brand, Carlsberg Group is now in the process of rolling out a rejuvenation programme for Tuborg, one of the
Carlsberg Group has sold its former brewery site in central Copenhagen for about DKr2.5 billion (Eur335 million) to a consortium of Danish investors. The proceeds will be used to reduce
Baltika Breweries has filed an application to have its shares delisted from the Russian stock exchange as soon as possible. The delisting reflects Carlsberg Group’s aim to increase its ownership
2011 was a defining year for the Carlsberg Group in terms of driving, accelerating and embedding its eight CSR areas across its operations around the world. This was recognised by
At its Annual General Meeting on 22 March 2012, the Supervisory Board of Carlsberg will recommend that the AGM appoints Donna Cordner, Elisabeth Fleuriot and Soren-Peter Fuchs Olesen to the
Carlsberg Group intends acquiring the remaining 15% stake in its Russian subsidiary, Baltika Breweries, for up to DKr6.5 billion (Eur870 million). The move will involve a delisting of Baltika. The
Carlsberg Group’s 2011 financial performance has been adversely impacted by a decline in the Russian beer market. Group operating profit at DKr9.82 billion (Eur1.32 billion) declined organically by 4%, as
Carlsberg Group has started 2011 well and is firmly on track to meet its full-year financial targets. In the traditionally small first quarter of the year, beer volumes grew by
Baltic Beverages Holding, Carlsberg Group’s brewing business in Russia, Ukraine and the Baltic countries, has, through a series of transactions, increased its ownership in Belarus-based OJSC Olivaria Brewery to 67.8%.
Carlsberg Group has strengthened its standing in the Chinese beer market by increasing its shareholding in Chongqing Brewery from 17.5% to 29.7%, thereby becoming the largest shareholder. Since 2008, Carlsberg
The Carlsberg Group has sold its Feldschlosschen brewery in Dresden, Germany, to Frankfurter Brauhaus. The disposal is part of Carlsberg Deutschland’s strategy of focusing on five core brands in Northern
The Carlsberg Group achieved 12% operating profit growth to DKK 5.0bn for the first six months of 2010 and driven by increased sales and marketing investments the Group gained market
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