"The group managed to deliver organic earnings growth and increased cash flow despite the market challenges in Eastern Europe," chief executive Jørgen Buhl Rasmussen said in a statement.
Nevertheless, analysts said investors would keep focusing on Carlsberg's struggles in Russia, where the ruble has fallen by almost 8 percent in the past week.
A stand-off between Moscow and the West over a rebellion in eastern Ukraine which has led to Western sanctions and from Russia's side, a ban on European produce, is pressuring the ruble currency and hitting Russian growth.
"As currencies look right now, the growth expected in earnings next year from efficiency savings in Russia and in Europe is more or less wiped out due to the depreciation of the ruble," Alm. Brand analyst Michael Friis Jorgensen said.
Carlsberg's brands includes Baltika, the most popular beer brand in Russia and the former Soviet Union by far.
The Danish brewer has not been directly affected by the stand off with Russia as its beer production is in the country, but the lower ruble, slower economic growth as well as new regulations that discourage beer sales have all taken a toll.
Carlsberg shares have dropped more than 16 percent since the beginning of the year as the crisis with Russia over Ukraine escalated. The benchmark index has risen 17 percent.