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Carlsberg Cuts Forecast As Russia Decline Hurts Earnings
date:May 08, 2014
any at 81.9 billion kroner ($15.3 billion).

While business in Ukraine has been operating with only limited disruption amid the conflict, the regional dispute is the reason for the lower Russian industry-volume forecast, Chief Executive Officer Joergen Buhl Rasmussen told analysts on a conference call. We see uncertainties in the Russian economy and are more pessimistic on market development.

First-quarter earnings before interest and taxes, and excluding some one-time gains or costs, fell 28%

12/25 18:24