Photographer: Freya Ingrid Morales/Bloomberg

Carlsberg Sees Slowdown as Russian Inflation Bumps Costs

  • Brewer expects organic profit growth of 1% vs 8% in first half
  • Currency headwind is increasing, costs are rising in Russia

Carlsberg A/S forecast slower earnings growth in the second half of 2016 as inflation adds to costs in Russia, where a beer-market contraction is set to accelerate.

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