Danish brewer Carlsberg on Tuesday reported operating profit before special item...
FILE PHOTO: The Calsberg's logo is seen on the jacket of an employee at the development center of the Carlsberg group at the K2 Kronenbourg beer brewery in Obernai, France, September 12, 2019. REUTERS/Vincent Kessler/File Photo
COPENHAGEN - Danish brewer Carlsberg on Tuesday reported operating profit before special items for the second half of the year that was broadly in line with expectations and said it expects to deliver mid-single-digit organic operating profit growth in 2020. The world’s third-largest brewer said sales in the second half came in at 5.29 billion Danish crowns , compared with 5.26 billion expected by analysts in a poll compiled by Carlsberg. Its price/mix, which indicates whether the company sold more of its expensive beer, was 3% for the full year of 2019.
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