Carlsberg UK volumes down 7% in first half of 2017

By James Wallin, MCA

- Last updated on GMT

Tough: Carlsberg blamed comparatives with Euro 2016 for the dip
Tough: Carlsberg blamed comparatives with Euro 2016 for the dip

Related tags: Europe, Revenue

Carlsberg has reported UK volumes down 7% in H1 2017, which it blamed on tough comparatives with Euro 2016.

The group said it had continued to focus on premiumising its portfolio and delivered “a very solid price/mix, thus achieving flat organic revenue for the six months”.

It said the addition of Brooklyn to its portfolio, the rejuvenation of Carlsberg Export at the beginning of the year, further expansion of its portfolio with craft and premium products, and the acquisition of London Fields Brewery were all important initiatives in support of a new premium strategy in the UK.

Net revenue in Western Europe grew organically by 2% due to volume growth of 1% and price/mix of 1%, the company said. It reported a 13% rise in volumes of alcohol-free beer across the region.

Globally, it reported organic and reported net revenue growth of 2% to DKK31,765m with price/mix improvement of +4%.

Related topics: Beer

Related news

Show more