Heineken released its Q3 update. Total consolidated organic revenue grew +7.5% (consensus +3.9%). Beer volumes grew organically by +5.4% (consensus +2.6%). Organic beer volume growth by region: Africa Middle East & EE -0.1% (consensus -1.3%), Americas +6.7 (consensus +3%), Asia Pacific +6% (consensus +4.9%) and Europe 6.8% (consensus 3.9%). Revenue per hectolitre grew +1.8%. On reported figures, revenue increased by 8% to €5.51bn. Heineken decided to discontinue its share buy-back pr
28 Oct 2015
Very strong Q3 thanks to acceleration in the Amercias and Europe
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Very strong Q3 thanks to acceleration in the Amercias and Europe
Heineken NV (HEIA:WBO) | 0 0 1.6% | Mkt Cap: 49,490m
- Published:
28 Oct 2015 -
Author:
Anna Zyniewicz -
Pages:
2
Heineken released its Q3 update. Total consolidated organic revenue grew +7.5% (consensus +3.9%). Beer volumes grew organically by +5.4% (consensus +2.6%). Organic beer volume growth by region: Africa Middle East & EE -0.1% (consensus -1.3%), Americas +6.7 (consensus +3%), Asia Pacific +6% (consensus +4.9%) and Europe 6.8% (consensus 3.9%). Revenue per hectolitre grew +1.8%. On reported figures, revenue increased by 8% to €5.51bn. Heineken decided to discontinue its share buy-back pr