Story perspectives
Heineken Beats Forecast With 5% Q3 Volume Growth
By Drooid · · How we work
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Story summary
- Heineken posted 5% third-quarter volume growth, beating the 2.9% consensus.
- CEO Rafael Oliveira said the company must improve accountability and performance culture to sustain growth.
- Heineken’s premium-brand volumes rose 11.5% in the quarter.
- Net revenues increased 4.6% in Q3, matching regional volume gains.
- Shares gained 2% in early trading after the results.