Carlsberg reported a jump in revenue and profit at the half-year stage, thanks to strong organic growth across the board.
Organic revenue grew by 11.2% during the first six months of the year, the Danish brewer reported, prompting organic profit 5.2% higher.
This was owing to increasing revenue in all regions, with growth of 9.2%, 11.7% and 16.3% in western Europe, Asia and eastern Europe respectively.
“We’re satisfied with this solid set of results, which have been achieved in a challenging environment,” chief executive Cees ’t Hart commented.
Carlsberg had raised guidance for the year ahead of the results, now tipping organic profit growth to come in between 4% and 7%.
Despite “adverse foreign exchange movements”, reported revenue sat at 37.8 billion Danish Krone (DKK) (£4.4 billion), up 6.6% on last year, the company said.
Reported net profit hit DKK3.5 billion meanwhile, up from a DKK5.3 billion loss during the first half of 2022.
“The strategic health of our business continues to improve,” Hart added, “the long-term opportunities for Carlsberg remain significant”.
Shares slipped 2.4% to DKK996.60 on Wednesday.