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Heineken beats forecasts with a sales rebound in Asia and the Americas

FinanceInternationalBloomberg Línea30 s readAI summary
Image: Bloomberg Línea

Heineken raised its total volumes by 4.8% organically in the third quarter, above analyst forecasts, driven by premium brands and growth in Vietnam. Consolidated volumes rose 3.9%. Shares of the Dutch brewer gained as much as 2% in Amsterdam. New CEO Rafael Oliveira said the company has solid foundations but that these are not translating into consistent growth. Heineken kept its forecast of organic operating profit growth of up to 6% for the year.

In 30 seconds

  • Organic volumes grew 4.8% in the third quarter, above consensus
  • Consolidated volumes rose 3.9%
  • The boost came from premium brands and Vietnam
Read the full story at Bloomberg Línea

IASummary generated by artificial intelligence from a story by Bloomberg Línea. It may contain errors: the original source prevails.

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