Drinks manufacturer Carlsberg reported a revenue growth of 17.7%, which was partly driven by the acquisition of Britvic in January 2025.

The organic volume development, excluding the impact of currencies and acquisitions, declined by 2%.

The company’s operating profit grew by 22.7% to around £1.6m, and the business had an organic profit growth of 5%.

The drinks manufacturer saw its adjusted net profit rise by 10.7% to around £930m.

Group CEO Jacob Aarup-Andersen said: “2025 was a year of delivery. Navigating a challenging consumer environment, we successfully integrated Britvic, prepared to take over a substantial soft drinks business in Central Asia, achieved positive results for our growth categories and accelerated growth in India.

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“The Britvic acquisition represents a significant step for the Group, strengthening our position in the growing soft drinks category. The integration is progressing ahead of plan, and we are realising synergies earlier and at a higher level than originally anticipated.”

The Britvic acquisition delivered strong results, contributing an operating profit of around £253m.

Moving forward, the company expects organic growth of between 2% and 6% and operating profit of around £1.62bn.