Daily Archives: February 24, 2020

Heineken reports strong growth in 2019

heineken beer

Dutch brewer Heineken NV said that profits increased by 13.2% in 2019 to €2.2bn from €1.9bn in the previous year, helped by robust pricing and focus on premiumisation.

Net revenue in the period was up 6.6% to €23.9bn, with total beer volume growth of 3.1%, driven by South Africa, Russia, Mozambique, Nigeria and the Democratic Republic of Congo (DRC).