01-01-1970 12:00 AM | Source: Reuters
Carlsberg raises guidance after beating quarterly expectations
COPENHAGEN - Danish brewer Carlsberg on Wednesday reported second-quarter sales above expectations and raised its earnings guidance for the full year.
The world's third-biggest brewer said sales between April and June reached 18.69 billion Danish crowns ($2.94 billion), compared with a 17.97 billion crown forecast in a company-compiled poll of analysts.
Carlsberg said it now expects operating profit to grow by between 8% and 11% this year, up from its previous guidance of 5-10% growth.
($1 = 6.3474 Danish crowns)
(Reporting by Jacob Gronholt-Pedersen; Editing by David Goodman)
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