Q3 trading update: Beer volumes grew organically by +4.6% (consensus +4.3%). Volumes by region: Africa, ME & EE +3.1%, the Americas +8.1%, Asia Pacific +4.8%, Europe +2.2%. Heineken brand’s volumes grew by an impressive +9.2% in Q3 driven by Brazil, South Africa, Russia, Poland, the UK, Canada and Mexico. FY guidance is maintained.
24 Oct 2018
Q3: momentum is maintained
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Q3: momentum is maintained
Heineken NV (HEIA:WBO) | 0 0 1.6% | Mkt Cap: 49,490m
- Published:
24 Oct 2018 -
Author:
Anna Zyniewicz -
Pages:
2
Q3 trading update: Beer volumes grew organically by +4.6% (consensus +4.3%). Volumes by region: Africa, ME & EE +3.1%, the Americas +8.1%, Asia Pacific +4.8%, Europe +2.2%. Heineken brand’s volumes grew by an impressive +9.2% in Q3 driven by Brazil, South Africa, Russia, Poland, the UK, Canada and Mexico. FY guidance is maintained.