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

Http://youtu.be/OMTuyMkyesw

(Buzzy Sørensen on October 29, 2014 23:34)

At first I thought it was something for shooting cops. But I see that wasn't...

(Jim Lawrence on October 29, 2014 21:31)

We are being invaded again.

(Tom Therkelsen on October 29, 2014 18:46)

I'd rather pay double price than to support Michael O'Leary and his vile,...

(Christian Edinger on October 29, 2014 18:21)

Completely agree. I have a startup in NYC and the entrepreneurial culture and...

(Sumeera Rasul on October 29, 2014 18:04)

The only way to go

(Ian Finch on October 28, 2014 17:52)

Farserede porrer?

(Bill Jones on October 28, 2014 14:04)

When the people debating and deciding the issues of your country are not even...

(Paulo Claro on October 28, 2014 10:09)

I think we are going to have a lot of fun with this AEC-guys, if they are...

(Jens Rost on October 28, 2014 08:08)

The ones that should be 3rd on that list should be the DR license men

(Line Dalsgaard on October 27, 2014 21:02)