Danish brewer Carlsberg reported a 4.5 percent fall in third-quarter operating profit and cut its outlook for growth in Russia after eastern European sales declined and Asian sales were hurt by currency impacts.
The world's fourth-largest brewer kept its operating profit and revenue forecast for this year unchanged, but cut its forecast for the Russian beer market to decline by a high single digit percentage from previously mid-single digits.
The group's operating profit fell to 3.43 billion Danish crowns ($617.94 million) in the July to September quarter, in line with an average 3.47 billion crowns estimate.
