Carlsberg plunges into the red
Carlsberg plunged into the red in 2015 because of large restructuring provisions and declining sales in Europe amid a shrinking Russian beer market. |||
London – Danish brewer Carlsberg said Wednesday it plunged into the red in 2015 because of large restructuring provisions and declining sales in Europe amid a shrinking Russian beer market.
The group reported a net loss of 2.6 billion kroner (346 million euros, $392 million) for last year, compared to a net profit of 4.9 billion kroner a year earlier.
Carlsberg announced in November it was cutting 2 000 white-collar jobs, or around 15 …read more
Source: Independent Online
