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Carlsberg Q2 earnings drop 22 pct

Danish brewer Carlsberg announced Wednesday that its second quarter net profit declined 22 percent from the same period a year ago due mainly to an increase in alcohol taxes in Russia. The company said that three-month earnings amounted to 2.1 billion kroner ($407 million), down almost 22 percent from 2.6 billion kroner ($504 million) a year earlier. The company said operating profit for the period amounted to 3.7 billion kroner ($715 million), down nearly 13 percent from 4.2 billion kroner ($810 million) in the second quarter of 2010.

written on 19.08.2011 um 15:40.


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