IUF logo.

Beerworkers Archive


Post date: 04/20/2016 - 12:59

Heineken Sees 7% Volume Growth in Q1

Heineken N.V. announced its trading update for the first quarter of 2016.

KEY HIGHLIGHTS

Consolidated beer volume grew 7.0% organically, positive across all regions
Heineken® volume in the premium segment grew 4.8%

The first quarter is seasonally less significant in terms of both volume and profit to full year HEINEKEN group results.

CEO STATEMENT

Jean-François van Boxmeer, Chairman of the Executive Board & CEO, commented:

Heineken N.V. announced its trading update for the first quarter of 2016.

KEY HIGHLIGHTS

Consolidated beer volume grew 7.0% organically, positive across all regions
Heineken® volume in the premium segment grew 4.8%

The first quarter is seasonally less significant in terms of both volume and profit to full year HEINEKEN group results.

CEO STATEMENT

Jean-François van Boxmeer, Chairman of the Executive Board & CEO, commented:
"This has been a good first quarter supported by a strong Vietnamese and Chinese New Year period and the earlier timing of Easter. There was good volume growth in Americas and Europe. In Africa Middle East & Eastern Europe, volume growth reflected easier comparatives in Nigeria, and the region remains challenging. Our full year expectations remain unchanged. Adverse currency development continues to weigh on results and foreign exchange markets remain volatile."

Click the following link to review the full report : http://www.flex-news-food.com/files/Heineken%20NV%202016%20Q1%20Trading%...