Carlsberg Q1 profits up 34% to $23.6m

CARLSBERG Breweries said yesterday its first-half operating profit rose 34% and it would seek further growth in eastern Europe.

The company said its joint venture partner, Britain’s Scottish & Newcastle, owners of Cork brewer Beamish and Crawford, would be a good fit for closer ties.

This makes it probable that Carlsberg could be brewed in the city. Guinness brews Carlsberg under licence in Ireland.