Carlsberg raises guidance as beer volumes recover

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Carlsberg raises guidance as beer volumes recover
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Danish brewer Carlsberg (CARLb.CO) raised its full-year earnings guidance on Wednesday after reporting second-quarter sales above expectations as beer volumes exceeded pre-pandemic levels.

A logo of Carlsberg beer is seen on the entrance of a pub in Brussels, Belgium March 10, 2016. REUTERS/Yves Herman/File PhotoSales driven by hot weather, Euro 2020 and reopening of barsCOPENHAGEN, Aug 18 - Danish brewer Carlsberg

The world's third-biggest brewer said beer volumes in key markets China and Russia rose to "well above" 2019 levels. Sales in Western Europe were driven by hot weather in June, combined with the European soccer championship and the reopening of bars and restaurants after coronavirus lockdowns.

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