Wed, 19 Feb 2014 10:29:53 GMT
Carlsberg profit tops predictions, market share rises
Carlsberg A/S, the fourth-largest brewer in the world, announced its earnings for the October-December quarter of the previous year. EBIT increased to $428 million, beating analysts' estimates. In Russia, however, the company is the biggest brewer and this market accounts for 25% of total sales. Carlsberg A/S shares are surging 6.1% to 579.5 Danish kronor by 10:25 GMT in Copenhagen.