Carlsberg profit up as drinkers opt for pricier beers


A bartender serves a glass of Carlsberg beer at a bar in Kuala Lumpur, Malaysia in this July 4, 2012 file photo. - REUTERS

COPENHAGEN: Carlsberg beat first-half profit forecasts as drinkers opted for pricier beers, with the Danish brewer on track with cost cuts and balancing falling volumes and higher margins.

Chief executive Cees’t Hart said Carlsberg was confident of delivering on cost-saving targets, which would mean it could begin investing in premium brands two quarters earlier than forecast under its seven-year transformation programme.

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