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Heineken N.V. reports on 2019 first quarter trading - Seite 2

Nachrichtenquelle: GlobeNewswire
24.04.2019, 08:00  |  305   |   |   

Heineken volume1

(in mhl or %)
1Q19 Organic
growth 
%
Heineken N.V. 8.9   8.3  
Africa, Middle East & Eastern Europe 1.5   15.5  
Americas 3.0   10.7  
Asia Pacific 1.6   3.1  
Europe 2.9   5.2  

Heineken volume grew by 8.3%. The main markets contributing with double digit growth included Brazil, South Africa, Russia, China, the UK, Nigeria, Mexico, Romania and Germany. 
  
Refer to the Definitions section for an explanation of organic growth and updated volume definitions.

REGIONAL REVIEW

Africa, Middle East & Eastern Europe

  • Beer volume grew organically by 7.8%.
  • In Nigeria, beer volume grew mid-single digit. Last year was affected by some destocking.
  • In Russia, beer volume was up double digit, mainly driven by the premium portfolio due to Heineken and the inclusion of licensed brands Miller Genuine Draft and Staropramen.
  • In South Africa, total consolidated volume showed double digit growth, driven by Heineken, Strongbow and Amstel.
  • In Ethiopia, beer volume grew low-single digit in the context of a price increase and social unrest in parts of the country.
  • In Egypt, total consolidated volume grew high-single digit, driven by the non-alcoholic beverage portfolio.
  • In the DRC, beer volume grew high-single digit with growth across the country and most of the brand portfolio.
  • HEINEKEN opened its first brewery in Mozambique in March.

Americas

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