CPH Post

News

Royal Unibrew benefits from long, hot summer

Earnings went up with the temperature


Better double up on that order (Photo: Royal Unibrew)

August 15, 2014
14:29

by Ray Weaver


This summer's warm weather has inspired beer and soft drink drinkers to down a few extra this year, helping Royal Unibrew to boost its revenue and earnings expectations for the entire year.

Royal Unibrew is Denmark's second largest brewer and the maker of Faxe and Ceres beers and Faxe Kondi soda. It also produces and markets Heineken in Denmark. 

Revenue increased in the first half of 2014 by 67 percent to just under 3 billion kroner when compared to the same period last year. A major part of the increase is due to the acquisition of Finnish brewer Hartwall in August last year. 

Continuous improvement
“We have seen continuous improvement in the first part of this year,” Unibrew boss Henrik Brandt told Berlingske. 

READ MORE: Too hot for beer?

The brewery is now increasing its expectations, both for profit and revenue in 2014.  Full year projections increased to 5.95-6.1 billion kroner from the previously announced 5.75-6.05 billion. The outlook for the operating profit increased from 790-840 million kroner from the previously projected 665-715 million kroner.



Related stories



Latest Comments

Hi can assure you Danes waste waaaaaay more than 100 work hours a year in...

(Paulo Claro on October 24, 2014 12:03)

It's infuriating to have one bike's stolen. I know. But you know miffs me?...

(Lorenzo Luis Albano Farias on October 24, 2014 00:03)

Ban all religions also... People should put their faiths in themselves and...

(Alex DeGre?t on October 23, 2014 22:41)

Either way... Letting Turkey or any muzlim country to join the EU is sheer...

(Alex DeGre?t on October 23, 2014 22:33)

?We know that Denmark is a cultural capital of the world ? there are so many...

(Kl Queteimporta on October 23, 2014 21:40)

Jensen is a mug . what a tool

(Hamish Carey on October 23, 2014 17:34)

Misplaced priorities . GCs are brought in to add value to the economy , They...

(Rajiv Banerjee on October 23, 2014 11:12)

Hoi Helena, bedankt, en ja - hopelijk tot ziens!

(Karina Lins on October 23, 2014 10:24)

Encoding is broken.

(Jon Ask Jacobsen on October 23, 2014 10:14)

Forced genital cutting is unethical. The law must protect the defenseless so...

(Ron Low on October 22, 2014 23:50)