Heineken N.V.
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Publicatie datum
26 okt 2011 - 08:14
Statutaire naam
Heineken N.V.
Titel
HEINEKEN N.V. Trading Update - Third Quarter 2011
Bericht
Amsterdam, 26 October 2011 - HEINEKEN N.V. today announced its trading update for the third quarter of 2011. In the quarter:
* On an organic[1] basis, revenue grew 3.0% driven by higher volumes and improved price and sales mix;
* Higher marketing investment supported total consolidated volume and consolidated beer volume organic growth of 1.1% and 2.2%, respectively;
* Volume of the Heineken® brand in the international premium segment increased 4%, outperforming group beer volumes, supported by the continued success of the global brand campaign 'Open Your World';
* Organically, EBIT (beia) was lower, primarily due to higher planned costs;
* Reaffirm outlook for full year 2011 net profit (beia) to be broadly in line with last year, on an organic basis;
* The share repurchase programme in connection with the acquisition of FEMSA Cerveza has been completed ahead of schedule.
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