date:Mar 30, 2022
ssia.
Carlsberg and AB InBev depart
Carlsbergs shares have notably fallen by roughly a quarter since the beginning of the Ukraine invasion.
The Danish brewer made 10% of its total revenue and 6% of its operating profit in Russia last year, where it holds eight breweries and 8,400 employees. However, it faces lagging sales amid a sanctioned economy and regulations to curb alcohol abuse.
The companys non-current assets in Russia stood at 19.2 billion Danish crowns (US$2.83 billion) at the end o