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Carlsberg A/S
CABGY reported a 22% drop in second-quarter net profit and cut its full-year forecast.
Carlsberg's net profit dropped to DKK2.06 billion, from DKK2.63 billion, in the year-ago period. Analysts expected a net profit of DKK2.6 billion. Carlsberg's sales climbed 4.3% to DKK18.74 billion, from DKK17.97 billion, in the year-ago quarter. However, analysts were expecting sales of DKK18.81.
Carlsberg shares fell 5.70% to close at $17.55 yesterday.
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