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

Paris king . I agree with your views . .

(Nic Tuppen on September 16, 2014 00:31)

Dear Berlingske research, check for another sport like Tennis. The true...

(Jon Paris King on September 15, 2014 21:41)

Finally... Today's kids are monsters. They are capable of a lot more...

(Alex DeGre?t on September 15, 2014 21:31)

Denmark puts these welfare mooches on pension way too fast . Now Dk should...

(Jon Paris King on September 15, 2014 15:15)

I understand same thing I my self I can't concern what Apple have say I...

(Angosom Tesfalem on September 15, 2014 14:38)

Sorry your basement flooded. We got some weird bags containing the crystals...

(Kelly Draper on September 14, 2014 11:33)

Marty all freaks /dave taylor bro love it

(Marty Grace on September 13, 2014 22:51)

True love might not end that soon ;)

(Malang Baloch on September 13, 2014 20:36)

We're enjoying our CPHpost here in Kansas City. Tak!

(Randall Jessee on September 13, 2014 16:20)

Welcome back - I hope you will have a god return to the Danish nature and a...

(Martin Gade Kristensen on September 13, 2014 10:59)