Carlsberg managed to deliver strong results in the first half of 2023, during a turbulent year for beer companies amid rising costs and waning demand. But then things took an unexpected turn for the Danish brewer in July, when its Russian business was seized by government authorities before Carlsberg could sell it.
As the year draws to a close, Carlsberg now plans to continue hiking beer prices and shift its gaze to double down on other geographies as it finds ways to offset its lost Russian breweries.
