Carlsberg A/S (CARL-B.CO)
- The Telegraph
Wetherspoons keeps stronger Carlsberg after Sir Tim Martin criticises watered-down beer
JD Wetherspoon is to continue stocking stronger Carlsberg in its pubs after Sir Tim Martin hit out at brewers for watering down their beers.
- Reuters
Summer of sport to help revive global beer sales
LONDON (Reuters) -Global brewers are set to sell more beer this year after several quarters of declines, helped by factors from sports and slower inflation to weather patterns and a fading boycott. Heineken, the world's No. 2 brewer, already reported its first quarterly volume growth in over a year in the three months to end-March. Rival Carlsberg also reported higher volumes after several quarters of decline.
- Reuters
Legal battles over Carlsberg's Russian unit to last years, CEO says
Legal wrangling over Carlsberg's seized Russian business will likely continue for years, its CEO Jacob Aarup-Andersen said on Tuesday. Moscow took control of Carlsberg's stake in Baltika Breweries in July 2023 after the beer giant tried to sell it, prompting Aarup-Andersen to say its business had been stolen. Carlsberg subsequently wrote down the value of its stake to zero.
