Heineken released its H1 update. Revenue stood at €9.8bn (consensus at €9.76bn). Organic revenue growth at 1.9% (cons. at 1%). Group operating profit (beia) was €1.54bn (cons. at €1.53bn). Beer volume was up by 1% (cons. at 0.7%). Consolidated revenue organic growth by region: Africa Middle East 1.4% (cons. 0.1%), Americas 5.8% (cons. 6%), Asia Pacific 7.4% (cons. 7.7%), CEE 1% (cons. -0.9%), West Europe -0.8% (cons. -2.4%). Heineken brands' volumes rose by 4.7% in H1 (3.2
03 Aug 2015
Good H1 results in challenging market environment
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Good H1 results in challenging market environment
Heineken NV (HEIA:WBO) | 0 0 1.6% | Mkt Cap: 49,490m
- Published:
03 Aug 2015 -
Author:
Anna Zyniewicz -
Pages:
3
Heineken released its H1 update. Revenue stood at €9.8bn (consensus at €9.76bn). Organic revenue growth at 1.9% (cons. at 1%). Group operating profit (beia) was €1.54bn (cons. at €1.53bn). Beer volume was up by 1% (cons. at 0.7%). Consolidated revenue organic growth by region: Africa Middle East 1.4% (cons. 0.1%), Americas 5.8% (cons. 6%), Asia Pacific 7.4% (cons. 7.7%), CEE 1% (cons. -0.9%), West Europe -0.8% (cons. -2.4%). Heineken brands' volumes rose by 4.7% in H1 (3.2