Investors have reacted favourably to Carlsberg's full-year 2013rnresults, with the company's share price up more than 6% at therntime of writing. A steadier performance in Europe and good resultsrnin Asia went some way to mitigate the negative effects felt fromrnRussia, though we maintain that Carlsberg would probably benefitrnstrategically over the long-term by continue to focusing on growingrnits exposure to the Asian market.
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