COPENHAGEN Reuters reported second-quarter revenue below expectations, as earnings were hit by higher commodity and energy prices despite a recovery in bars and restaurants.
In a statement, CEO Cees't Hart said that global uncertainty remains high, with increasing input cost pressure a particular challenge for us in the coming quarters.
Carlsberg, which also produces brands such as Kronenbourg 1664, Tuborg and Somersby, stuck to full-year guidance after it lifted its forecast for organic profit to high single-digit growth earlier this month.
The world's third-biggest brewery said sales reached 20.51 billion Danish crowns in the quarter, which is $2.81 billion less than the 21.6 billion forecast by analysts in a poll conducted by the company.
Rival Heineken said this month that consumers bought more beer in the first half of the year despite cost of living pressures, but he said that rising costs are expected to squeeze profit margins next year.