19 Apr 2023

Mixed sentiment: weak Asia volumes vs. strong price/mix and reiteration of the FY23 guidance

Heineken NV (HEIA:AMS) | 0 0 0.0%

- Laura Parisot
- 3 pages

Heineken Q1’s trading update missed the consensus on volume and revenue, but the market welcomed the strong price mix during the quarter (+12.1%). Asia and Africa volumes were weak (Vietnam and Nigeria), but Americas reassured, as did the reiteration of the FY23 guidance.

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Mixed sentiment: weak Asia volumes vs. strong price/mix and reiteration of the FY23 guidance

Heineken NV (HEIA:AMS) | 0 0 0.0%

Published: 19 Apr 2023
Author: Laura Parisot
Pages: 3

Heineken Q1’s trading update missed the consensus on volume and revenue, but the market welcomed the strong price mix during the quarter (+12.1%). Asia and Africa volumes were weak (Vietnam and Nigeria), but Americas reassured, as did the reiteration of the FY23 guidance.

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