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Carlsberg, fourth quarter 2012 operating result lower than expectations

The Danish group closes the fourth quarter of 2012 with a turnover growing to 15,93 billion Danish crowns compared to the 15,6 of the consensus.

Carlsberg, fourth quarter 2012 operating result lower than expectations

The Danish spirits company Carlsberg closed the fourth quarter of 2012 with a turnover growing to 15,93 billion Danish crowns compared to 15,6 of the consensus. Pre-tax profit stood at 394 million compared to 270 the year before.

Ebit, net of non-recurring items, rises to 2,15 billion compared to 1,83 in the same period of 2011: a result that is in any case lower than market estimates. For 2013 Carlsberg expects an adjusted Ebit of 10 billion. The title was heavy at the beginning of the week, down on the Amsterdam Stock Exchange by 5,31%.

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