date:Aug 18, 2012
The maker of Carlsberg, Tuborg and Baltika, which reported its results for the half year to June 30 this week, had seen both upward (bull) and downward (bear) trends.
Itgave the bulls some ammunitionwith improvements in Russian market share and share gains in Northern and Western Europe.
Thebearsmeanwhile were significant Q2 margin miss in Northern Western and Eastern Europe, investment firm UBS said in a note.
Bad weather
The brewing giant blamed bad weather as it reported a 5% drop in volu