Heineken brands http://www.globalpost.com/taxonomy/term/49010/all en Heineken Q1 profits up but less than expected http://www.globalpost.com/dispatch/news/afp/130424/heineken-q1-profits-less-expected <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Dutch brewer Heineken announced Wednesday a first quarter profit that was 36 percent higher on an annualised basis at 227 euros ($295 million), while amending its 2013 growth outlook to reflect weaker demand in Europe and Nigeria.</p> <p>"Global market conditions remain volatile, contributing to a weaker than expected first quarter," the company said in a statement.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130424/heineken-q1-profits-less-expected" target="_blank">read more</a></p> Alcoholic beverages Food and drink Heineken Heineken brands Technology AFP Wed, 24 Apr 2013 07:46:20 +0000 Agence France-Presse 5823873 at http://www.globalpost.com Heineken says beer sales down as crisis rolls on http://www.globalpost.com/dispatch/news/afp/131023/heineken-says-beer-sales-down-crisis-rolls <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Dutch brewer Heineken posted a lower-than-expected profit outlook for 2013 after earnings fell by 15.0 percent year-on-year for the third quarter, blaming this on continuing economic crisis in countries such as Greece.</p> <p>"Heineken now expects 2013 net profit to decline in the low single digits on an organic basis," the Amsterdam-based group said in a statement.</p> <p>"Underlying trading conditions across Europe remains challenging, as evidenced by a weak consumer environment in central and eastern Europe in the third quarter," it added.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/131023/heineken-says-beer-sales-down-crisis-rolls" target="_blank">read more</a></p> Alcoholic beverages Food and drink Heineken Heineken brands AFP Wed, 23 Oct 2013 11:53:12 +0000 Agence France-Presse 5968396 at http://www.globalpost.com Heineken says it is investing 500 million euros a year in Africa http://www.globalpost.com/dispatch/news/thomson-reuters/140509/heineken-says-spend-500-million-euros-year-africa <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>ABUJA (Reuters) - Heineken &lt;HEIN.AS&gt; plans capital expenditure of 500 million euros ($690 million) a year in Africa over the next few years to maintain sales growth, a senior executive at the world's third largest brewer told Reuters on Friday.</p> <p>The money will be used to upgrade production facilities and on training, said Siep Hiemstra, Heineken's president for Africa and Middle East. Africa accounts for one-fifth of Heineken's business and is growing fast, he said.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140509/heineken-says-spend-500-million-euros-year-africa" target="_blank">read more</a></p> Heineken Heineken brands Social Issues Thomson Reuters Sat, 10 May 2014 00:47:01 +0000 Thomson Reuters 6143162 at http://www.globalpost.com