Carlsberg AS ADR

CABGY: OTCM (USA)
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Carlsberg: Softer-Than-Expected Q1 With Britvic Integration Progressing

Carlsberg released its first-quarter trading statement, with reported revenue growth of 17.4% year over year, with an acquisition impact of 18.4%. On an organic basis, revenue declined 1.5%, slightly below consensus. Shares were down nearly 2% at the market open on April 29.

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