Carlsberg

Carlsberg’s £3.3bln Acquisition of Britvic Cleared By UK Watchdog

Britain’s competition regulator has cleared Carlsberg’s deal worth £3.3 billion with soft drink maker Britvic.

Carlsberg’s Russian assets have been removed from a list of western assets under the management of the Russian state, a decree has shown.

Britvic plc has revealed a return to volume growth in its preliminary results of the year to 20 September 2024, which it released today.

AB InBev reported third-quarter profits, revenues and volumes behind forecasts on Thursday, sending its shares down almost 4%.

Carlsberg is shifting some of its marketing focus as consumers opted for cheaper beer, but maintained its full-year earnings forecast.

Carlsberg lifted its forecast for full-year operating profit growth on Tuesday despite posting weaker-than-expected sales for Q2.

Irn-Bru maker AG Barr forecast its half-year revenue to be higher than prior-year levels, the company said on Tuesday.

Heineken Ireland has agreed to take on the Irish rights to distribute Molson Coors’ beer brands, the Sunday Independent reported this week.

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