Danish brewer Carlsberg posted a rise in annual profit on Monday and said it would look to Asia for future growth as European consumers cut back on spending amid economic uncertainty.
Wolfgang Burgard, CEO of Carlsberg Germany in Hamburg on March 12, 2010. Danish brewer Carlsberg posts a rise in annual profit saying it will look to Asia for future growth as European consumers cut back on spending.
Net profit rose 9.0 percent to 5.607 billion kroner (751.2 million euros or $1.002 billion) in 2012 despite a declining European market and a stalling market in Russia, where the Danish company is a major player.
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