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Heineken N.V. reports on 2019 first quarter trading

Nachrichtenquelle: GlobeNewswire
24.04.2019, 08:00  |  276   |   |   

Amsterdam, 24 April 2019 - Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) today publishes its trading update for the first quarter of 2019.

KEY HIGHLIGHTS

  • Beer volume +4.3% organically, with growth in all regions.
  • Heineken volume +8.3% with double digit growth in Africa, Middle East & Eastern Europe and the Americas.

CEO STATEMENT
Jean-François van Boxmeer, Chairman of the Executive Board / CEO, commented:
"We had a positive start to the year with volume growth across all regions despite the later timing of Easter, underlining our continued focus on growth and the breadth of our geographic footprint. The Heineken brand volume was up 8.3%. Our outlook for 2019 remains unchanged, we anticipate our operating profit (beia) to grow by mid-single digit on an organic basis."

FIRST QUARTER VOLUME BREAKDOWN

Beer volume1
(in mhl or %)
1Q19 Total  growth % Organic growth % 1Q18
Heineken N.V. 52.7   4.4   4.3   50.5  
Africa, Middle East & Eastern Europe 10.1   8.3   7.8   9.4  
Americas 19.8   3.2   3.2   19.2  
Asia Pacific 7.5   8.2   8.2   6.9  
Europe 15.3   1.7   1.6   15.0  
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