Carlsberg Group lost 8.6 billion Danish crowns in the first half of the year because of the exit from the Russian market

The Carlsberg Group Brewery has published a financial report for the first half of 2022. In general, organic increase in volumes by 8. 9%was recorded. At the same time, in the region of Central and Eastern Europe, which includes Ukraine, the growth is 0. 3%. Since the beginning of the war, the work of three Carlsberg Ukraine brewery has been stopped in view of security.

Later, in April and May, production at two plants was restored, and by the end of June production was also launched on the third brewery. Video of the Day "I am amazed by our Ukrainian colleagues, who have demonstrated incredible strength and sustainability, overcoming both the humanitarian crisis and the huge challenges of business since the beginning of the war," - commented Seo Carlsberg Group Kess Etert.

Due to the Carlsberg Group decision to leave the Russian market, which was announced on March 28, the company recorded losses of 8. 6 billion Danish crowns in the first half of the year. The increasing pressure on the cost, as well as global uncertainty will be the main challenges of the next quarters. Carlsberg Group will continue to adhere to the priorities of the Sail'27 strategy, despite the difficult market conditions.

"We are satisfied with the results of the first six months in the context of serious challenges related to war in Ukraine, rising prices for raw materials and energy, as well as a pandemic," - comments CEO Carlsberg Group Key Echhart. On August 17, Carlsberg Group also announced the launch of a new ambitious Toward Towards Zero and Beyond Sustainable Development Program aimed at combating climate change, improving diversity and promoting responsible product consumption.

*** Carlsberg Ukraine is part of the Carlsberg Group, one of the world's leading brewing groups with a large beer brand portfolio and other drinks. As part of Carlsberg Ukraine - factories in Zaporozhye, Kiev and Lviv. The Carlsberg portfolio in Ukraine includes beer, cider and soft drinks such as "Lviv", Carlsberg, Tuborg, Kronenbourg 1664, Kvass Taras, Somersby, Seth & Riley's Garage and others.

During the war in Ukraine, Carlsberg Group decided to stop business in Russia and withdraw from the market. Carlsberg Group, Carlsberg Foundation and Tuborg Foundation have listed 75 million Danish crowns to help Ukraine. From February 24, Carlsberg Ukraine has started producing drinking water and transferring it to different regions of Ukraine.