Danish beer maker Carlsberg made nearly $1 billion in profit in 2019, but warns coronavirus will harm 2020 sales

Danish brewer Carlsberg saw its profits rise 24% to around $977 million off of strong beer sales in 2019. However, the company warned Tuesday that coronavirus will likely dent those numbers for 2020.

“It’s a very sad situation for China and its people, and the virus will affect our business negatively,”...

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