Heineken N.V. reports on 2019 first quarter trading
Amsterdam, 24 April 2019 - Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) today publishes its trading update for the first quarter of 2019.
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.
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
(in mhl or %)
|1Q19||Total growth %||Organic growth %||1Q18|
|Africa, Middle East & Eastern Europe||10.1||8.3||7.8||9.4|