date:Aug 21, 2014
ting worse, Frans Hoyer, an analyst at Jyske Bank, said by phone. Rather than finding some type of stabilization now given several years of volume decline it looks we are in for another bout of decline in the next several quarters in Russia.
Carlsberg fell as much as 6.9 per cent in Copenhagen and was down 5.2 per cent at 511.5 Danish kroner as of 9:06 a.m. Heineken rose 7 per cent to 56.58 euro in Amsterdam.
Carlsberg said operating profit on a so-called organic basis will rise at a low- to m