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Carlsberg Group Ukraine announces 3Q08 results

Carlsberg Group Ukraine announces 3Q08 results

12 November 2008

Carlsberg Group announced 3Q08 IFRS results for its Ukraine’s holdings (consolidated for Slavutych (SLAV) and Lvivska Pyvovarnya) yesterday. The company’s net revenues in 9M08 grew by 48% yoy to USD 376 mln, EBITDA increased by 39% yoy to USD 53 mln, and net income grew by 89% yoy to USD 17 mln. CEO Petr Chernyshov said that the company increased its market share 2 pp to 24.4% in 3Q08. Its exports increased 51.4% yoy to 76.3 mln L in 3Q08 and made up 7.3% of the total sales.

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