Carlsberg Group delivers solid Q3 performance and upgrades 2016 earnings outlook.
Commenting on the results, CEO Cees ‘t Hart says: “We’re satisfied with our Q3 results. Our valuemanagement approach, which targets the optimal balance between market share, gross margin and earnings, continues to progress well. In addition, our Eastern European business delivered a good set of results in the quarter, ahead of our expectations. Consequently, we upgrade our 2016 earnings expectations.
“We continue to see good momentum across the organisation in Funding the Journey and good progress in the operationalisation of the SAIL’22 priorities in our business plans for 2017 and future years.”