Q1 update: consolidated beer volume was up +0.6% (cons. -0.7%). Heineken brand volume was up +2.5%. OG performance by division: Africa, the Middle East and Eastern Europe -0.4% (cons. -3%), Americas -0.7% (cons. 0%), Asia Pacific +5.4% (cons. +2%), Europe +0.5% (cons. -1%). By most important markets, the group highlighted the difficult conditions in Nigeria (volume was down mid single-digit) and Brazil (volume down double-digit due to macro-economic weakness). UK volume was down, impacted by
19 Apr 2017
Q1 backs FY outlook
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Q1 backs FY outlook
Heineken NV (HEIA:WBO) | 0 0 1.6% | Mkt Cap: 49,490m
- Published:
19 Apr 2017 -
Author:
Anna Zyniewicz -
Pages:
2
Q1 update: consolidated beer volume was up +0.6% (cons. -0.7%). Heineken brand volume was up +2.5%. OG performance by division: Africa, the Middle East and Eastern Europe -0.4% (cons. -3%), Americas -0.7% (cons. 0%), Asia Pacific +5.4% (cons. +2%), Europe +0.5% (cons. -1%). By most important markets, the group highlighted the difficult conditions in Nigeria (volume was down mid single-digit) and Brazil (volume down double-digit due to macro-economic weakness). UK volume was down, impacted by