Comment on Carlsberg Q4 profits hit by continuing decline in Europe

Carlsberg Q4 profits hit by continuing decline in Europe

HELSINKI (AP) — Carlsberg says poor sales in Europe more than halved its fourth-quarter profit despite a slight increase in overall revenue, and the Danish brewer gave a guarded outlook for the year. Carlsberg, which announced 2,000 job cuts in November, said its plan to cut annual costs by up to 2 billion kroner by 2018 was on target.

 

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