Carlsberg due to raise prices to cover rising costs

The Danish brewer warned that this year it anticipated a slowdown in beer consumption across Europe due to increased prices denting profit growth. Speaking directly to the trade, Carlsberg said that, this year, it expects organic operating profit to change by between minus 5% and plus 5%, compared with 12% growth last year

Globally, many brewers have already been forced to raise beer prices in response to rising energy and raw material costs

Carlsberg has said that last year its revenue per litre of beer sold grew 9% but highlighted how this year it would have to raise prices by a “high single-digit” percentage in an effort to cover costs