Acquisition boost for Carlsberg

SHAH ALAM: Carlsberg Brewery Malaysia Bhd’s acquisition of Carlsberg Singapore is estimated to boost the company’s profit after tax (PAT) by some RM37mil or nearly 50% in financial year ending Dec 31, 2010 (FY10), said managing director Soren Holm Jensen.

“This is based on Carlsberg Singapore’s PAT of RM24mil in 2008 and estimated savings from sourcing and operational synergies of RM22mil post-acquisition as well as a RM9mil deduction on funding costs and interest foregone.