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Beerworkers Archive


Post date: 04/21/2011 - 12:37

Heineken Has Reported Higher Than Expected

Dutch brewery giant Heineken has reported higher than expected sales for the first quarter of 2011. Total turnover was also up, according to a Heineken press release. Sales grew in all the regions where the company operates.

Heineken’s acquisition of the beer division of Mexican beverages concern Femsa played a major role in the increase in turnover. Total sales amounted to 33.8 million hectolitres of beer, 44 percent more than the same period in 2010. Analysts had expected a total volume of 32.8 million hectolitres.

Dutch brewery giant Heineken has reported higher than expected sales for the first quarter of 2011. Total turnover was also up, according to a Heineken press release. Sales grew in all the regions where the company operates.

Heineken’s acquisition of the beer division of Mexican beverages concern Femsa played a major role in the increase in turnover. Total sales amounted to 33.8 million hectolitres of beer, 44 percent more than the same period in 2010. Analysts had expected a total volume of 32.8 million hectolitres.

Total turnover for Heineken's beer and soft drinks divisions was 3.59 billion euros, 22 percent more than in the first quarter of 2010. Analysts had predicted a slightly lower turnover.