Sale of Russia subsidiary helps Carlsberg to profit


FE Team | Published: February 07, 2025 00:36:24


Sale of Russia subsidiary helps Carlsberg to profit


COPENHAGEN, Feb 06 (AFP): Danish brewer Carlsberg said Thursday that it returned to profit in 2024 thanks in part to completing the sale of its Russian subsidiary.
Like many Western companies Carlsberg sought to pull out of Russia after it invaded Ukraine in February 2022, but it was only in December 2024 that it was able to complete a sale of the Baltika brewery.

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