Carlsberg price hikes likely to continue in 2024

Beer sales of Carlsberg brands were forced to rely on price hikes during 2023 and may continue with this strategy in the new financial year, the Danish brewer revealed on Wednesday. Revenues 4.7% to reach more than DKK 73.5 billion (£1 = DKK 8.75) despite organic volumes falling by 0.5% across all operations. Volumes in Central and Eastern Europe dropped by 4%, while Western Europe experienced a 2.3% drop. Brooklyn Brewery was one of Carlberg’s standout brands, seeing a 34% jump in organic volumes, while al ...