Heineken doubles Q1 volume projections
Heineken, the world’s third-largest brewer, sold more beer than expected in the first quarter and persuaded consumers to switch to premium brands, helping its shares to a four-year high. Europe’s largest beermaker said on Wednesday beer volume grew 4.7 percent on a like-for-like basis, with revenue up 6.8 percent. Volume growth was more than double the rate the market had expected.
via Reuters.
Breweries: Heineken
