Brewing firm Carlsberg said it hiked prices over the first quarter of the year in order to offset “significantly” higher costs.
The company, which also brews Tuborg and Brooklyn beer, said it is “uncertain” how recent increases will affect the amount of its beer bought by customers.Meanwhile, revenue per hectolitre increased by 12% as it benefited from the recovery of pubs, bars and restaurants following the Covid-19 pandemic, as well as a boost from higher prices.
Cees ’t Hart, chief executive, said: “The first quarter of the year showed a strong improvement in revenue per hectolitre, covering the significant increase in our cost base. “Although uncertainties for the year remain, particularly in Europe, we’re pleased that we’ve been able to narrow the earnings guidance range and that we’re initiating a new one billion Danish krone share buyback today in light of our strong balance sheet.”
Belgique Dernières Nouvelles, Belgique Actualités
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