SHARE
COPY LINK

WEATHER

Denmark’s disappointing summer drains Carlsberg coffers

A cold and wet summer in Denmark was bad business for brewing giant Carlsberg, which sees profits rise when customers can enjoy a beer outside in the sun.

Denmark’s disappointing summer drains Carlsberg coffers
Photo: Thomas Borberg/Polfoto/Ritzau

The company’s results for the third quarter of 2017 – July, August and September – show a one percent fall in turnover to 16.7 billion kroner (2.2 billion euros).

But the company was successful in raising prices on last year.

“In the third quarter, our efforts continued to sell more signature products by delivering a solid development in the price mix.

“Developments in volume sales were, as expected, affected by the ban on selling beer in large plastic bottles in Russia, very comparable figures in Eastern Europe and bad weather in Western Europe,” administrative director Cees t’Hart wrote in a press statement.

Carlsberg’s largest region in terms of turnover, Western Europe, was also its most disappointing, according to the company’s figures.

Turnover in the region dropped by 900 million kroner (120 million euros) to 9.6 billion kroner (1.3 billion euros) in total.

One positive aspect for the company was the success of its specialist brands.

Sales of Tuborg increased by five percent, and the specialist Grimbergen brand saw a seven percent increase.

Sales of craft beers made by the company shot up by 34 percent.

That reflects a cornerstone Carlsberg’s current strategy, with a focus on more expensive specialist beer to offset difficulty in increasing volume of sale.

READ ALSO: Carlsberg crafts profit rise with premium beers

WEATHER

Denmark records deepest snow level for 13 years

Blizzards in Denmark this week have resulted in the greatest depth of snow measured in the country for 13 years.

Denmark records deepest snow level for 13 years

A half-metre of snow, measured at Hald near East Jutland town Randers, is the deepest to have occurred in Denmark since January 2011, national meteorological agency DMI said.

The measurement was taken by the weather agency at 8am on Thursday.

Around 20-30 centimetres of snow was on the ground across most of northern and eastern Jutland by Thursday, as blizzards peaked resulting in significant disruptions to traffic and transport.

A much greater volume of snow fell in 2011, however, when over 100 centimetres fell on Baltic Sea island Bornholm during a post-Christmas blizzard, which saw as much as 135 centimetres on Bornholm at the end of December 2010.

READ ALSO: Denmark’s January storms could be fourth extreme weather event in three months

With snowfall at its heaviest for over a decade, Wednesday saw a new rainfall record. The 59 millimetres which fell at Svendborg on the island of Funen was the most for a January day in Denmark since 1886. Some 9 weather stations across Funen and Bornholm measured over 50cm of rain.

DMI said that the severe weather now looks to have peaked.

“We do not expect any more weather records to be set in the next 24 hours. But we are looking at some very cold upcoming days,” DMI meteorologist and press spokesperson Herdis Damberg told news wire Ritzau.

SHOW COMMENTS