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Carlsberg 'contributes £9.6bn to society'

By MCA , 04-Mar-2016

Carlsberg president Cees 't Hart: Recognises interest in economic contribution of international companies
Carlsberg president Cees 't Hart: Recognises interest in economic contribution of international companies

The Carlsberg group has estimated that it contributes £9.6bn to the economy in the markets in which it operates.

The Danish brewer has released it Economic Contribution Report, in which it says its total contribution to Government across the world amounts to almost £10.9bn.

It also stressed that one Carlsberg Group employee creates an additional nine jobs in related industries, with a total of 455,000 jobs created by the group.

The company calculated its economic value by looking at gross revenue, other income, financial income and income included in special items.

It said: “Our contribution is distributed among our stakeholders – as operating costs to our suppliers, as wages etc. to our employees, as financial expenses to our providers of capital and as taxes to governments. The economic value retained is the profit used to finance dividends for our shareholders and the future growth of our business.”

Cees ’t Hart, president and chief executive of the Carlsberg Group, said: “We will continue to develop our business in a way that benefits the Carlsberg Group as well as the societies and economies upon which we depend for future growth.

“We recognise that there is a growing interest in the economic contribution of international companies, which is part of the reason why we decided to produce this report.”

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