Carlsberg dampened by weather

Carlsberg said a boost provided by sponsoring the Euro 2012 football tournament did not make up for unseasonably wet weather as the brewer reported a five per cent fall in sales in northern and western Europe. However, the firm’s pre-tax profit rose 47 per cent to 2.6bn Danish kroner (£273m) as it sold off breweries. The firm said the sales fall was “more than expected” but said investments in Russia had paid off, with sales rising in the country for the first time in several quarters.