Heineken Q3 revenue falls short of estimates

Heineken has reported third-quarter sales growth that missed estimates amid poor weather in Europe.

22nd October, 2014
Beer volume dropped unexpectedly by 0.2%

Heineken has reported third-quarter sales growth that missed estimates amid poor weather in Europe.

Revenue at the Dutch brewer increased 0.2 per cent from a year earlier, the company said in a statement. That is compared with the 1.5 per cent median estimate of 11 analysts surveyed by Bloomberg.

Beer volume dropped 0.2 per cent compared with the 0.5 per cent gain expected by analysts.

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