World: Carlsberg reports 16.9% revenue growth in 2022

Danish brewer Carlsberg has reported revenue growth of 16.9% in its full-year results and said that its revenue per litre of beer sold grew 9% in 2022.

Meanwhile, the brewer saw organic operating profit growth of 12.2%, with Asia and the recovery of the on-trade in Western Europe being the main contributors. However, Carlsberg warned that increased prices this year may have an impact on beer consumption in some of its markets, especially Europe.

CEO Cees �t Hart said: �The high earnings and very strong cash generation were achieved despite many challenges, including the war in Ukraine, rising energy and commodity prices, and the impact of the pandemic, particularly in Asia�.

He continued: �2023 will be another challenging year, but the strategic, organisational and financial health of our company is strong, and we are confident that our purpose-led and performance-driven culture will drive continued sustainable long-term value creation�.

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