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Carlsberg on target with interim results

Christian Wenande
August 17th, 2016


This article is more than 8 years old.

Profit up despite challenges in Russia and China

Despite being under pressure in the Russian and Chinese markets, the Danish brewery giant Carlsberg has managed to produce decent interim financial results.

It has reported net revenue of 31.2 billion kroner, slightly down from the 32.4 billion in the same period in 2015, but the company saw organic growth of 4 percent.

“The Carlsberg Group delivered a good set of results in line with our expectations. Most notably, we achieved a solid top-line and profit development as well as a strong improvement in cash flow,” said Carlsberg chief executive Cees ‘t Hart.

“With the satisfactory execution of our plans so far, we maintain our full-year outlook for organic growth in operating profit.”

READ MORE: Carlsberg making inroads in eastern Europe

Profit up
Carlsberg also saw its market share decline in western Europe, but its market share in eastern Europe improved sequentially, while it remained stable in Asia overall.

The company’s profit increased from about 1.8 billion kroner during the first half of 2015 to over 2.1 billion kroner this interim.


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A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”