Carlsberg hopes for on-trade recovery this year : vimarsana.

Carlsberg hopes for on-trade recovery this year


14 Apr 2021 / 21:03 H.
Clini (centre) showing the company’s annual report with Gun (right) and corporate affairs director Pearl Lai. – SYED DANIAL SYED AZAHAR THESUN
KUALA LUMPUR: Carlsberg Brewery Malaysia Bhd expects the reopening of pubs and bars to boost growth in its on-trade channel this year, faster than off-trade, given the low-base in the previous year.
“Moving forward, we hope a majority will reopen but it is true that a number of them will not make it, which will have an impact on the economy,” managing director Stefano Clini said after the brewer’s AGM yesterday.
As to Carlsberg’s prospects this year, he stated in broad terms that the brewer is hopeful of growth but conceded that the year did not start on an easy note, given the movement control order (MCO) in the first quarter. If there are no more lockdowns, Clini hopes to see a progressive growth.

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