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Heineken sees 2019 profit growth at similar pace to last year

Reuters  |  BRUSSELS 

BRUSSELS (Reuters) - Heineken, the world's second-largest beer maker, forecast its operating profit to grow at nearly the same rate in 2019 as last year, when beer sales increased in all its markets.The Dutch brewer of Heineken, Tiger and Sol lagers and Strongbow cider, said it expected continued economic volatility, but improved revenue, driven by increased beer sales, higher prices and consumers trading up to more expensive drinks."Going into 2019, we expect the environment to remain uncertain and volatile. Overall, we anticipate our operating profit (beia) to grow by mid-single digit on an ...

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First Published: Wed, February 13 2019. 12:01 IST
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