SniperFx

Archives

  • March 2023
  • February 2023
  • January 2023
  • September 2022
  • August 2022
  • January 2022
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019

Categories

  • Analysis
  • Bonds
  • COVID
  • Crypto
  • Forex
  • Forex Trading
  • Ideas
  • Investing
  • Stocks
  • Uncategorized
  • World
  • Home
  • Forex
  • Crypto
  • Contact
0 Likes
0 Followers
0 Followers
Subscribe
SniperFx
SniperFx
  • Bonds
  • Crypto
  • COVID
  • Forex
    • Forex Trading
  • Ideas
  • Investing
  • Stocks
  • World

Heineken profit higher than expected after Asia rebound

  • admin
  • February 15, 2023
  • 1 minute read
Total
0
Shares
0
0
0

Heineken, the world’s second-largest brewer, reported a higher-than-expected profit in 2022 thanks to growth in all markets and a sharp rebound in Asia, and repeated its forecast of a profit increase this year.

The maker of Europe’s top-selling beer Heineken (OTC:HEINY), along with Tiger and Sol lagers, said its operating profit before one-offs rose by 24.0% to 4.50 billion euros ($4.82 billion), compared with the average figure of 4.43 billion euros in a company-compiled poll.

The Dutch brewer retained its forecast that its operating profit would rise by a mid- to high-single-digit percentage in 2023.

Heineken said it expects to exceed the 2 billion euro cost-savings target of its “EverGreen” strategic revamp this year. It has said it will then find productivity improvements of 400 million euros per year, equivalent to about 2% of annual expenses.

The brewer sold 6.9% more beer globally than in 2021, with higher priced “premium” beers rising at a faster pace. Sales in Asia were up by nearly a third, the rebound coming a year after COVID-19 restrictions were in place in Cambodia, Indonesia, Malaysia and its largest Asian market, Vietnam.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
admin

Previous Article

Forex Today US Dollar keeps its footing ahead of mid-tier data releases

  • admin
  • February 15, 2023
View Post
Next Article

Presently, I’ll Take My Portfolio Of Investment Grade Bonds Over High Yield Dividend Stocks

  • admin
  • February 16, 2023
View Post
You May Also Like
View Post
  • Stocks

Adidas retracts opposition to Black Lives Matter three-stripe design

  • admin
  • March 29, 2023
View Post
  • Stocks

Starbucks, union at odds over hybrid negotiations

  • admin
  • March 28, 2023
View Post
  • Stocks

Novartis shares surge on positive results from key cancer drug trial

  • admin
  • March 27, 2023
View Post
  • Stocks

Standard Chartered agrees to sell business in Jordan

  • admin
  • March 26, 2023
View Post
  • Stocks

Britain’s John Lewis has lost its soul, says Mary Portas

  • admin
  • March 25, 2023
View Post
  • Stocks

Citigroup CEO declares ‘this is not a credit crisis’ after U.S. bank failures

  • admin
  • March 23, 2023
View Post
  • Stocks

First Republic Bank shares climb amid report of possible government backstop

  • admin
  • March 22, 2023
View Post
  • Stocks

EU court rules Mercedes must pay damages in diesel lawsuit

  • admin
  • March 21, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Taiwan president defiant after China threatens retaliation for US trip
  • Adidas retracts opposition to Black Lives Matter three-stripe design
  • XRP Price Prediction What to Expect in the Next 48 Hours
  • HelenP. I Euro break resistance 1.0800 and can continue to grow
  • Concerns about insufficiently decisive Riksbank would put SEK under downward pressure – Commerzbank

Recent Comments

No comments to show.
Featured Posts
  • 1
    Taiwan president defiant after China threatens retaliation for US trip
    • March 29, 2023
  • 2
    Adidas retracts opposition to Black Lives Matter three-stripe design
    • March 29, 2023
  • 3
    XRP Price Prediction What to Expect in the Next 48 Hours
    • March 29, 2023
  • 4
    HelenP. I Euro break resistance 1.0800 and can continue to grow
    • March 29, 2023
  • 5
    Concerns about insufficiently decisive Riksbank would put SEK under downward pressure – Commerzbank
    • March 29, 2023
Recent Posts
  • EUR/USD comes under pressure near 1.0850
    • March 29, 2023
  • Crypto Trader Firmly Believes ADA’s Next Target Could Be $0.60
    • March 29, 2023
  • Game-Changer Nasal Spray A Universal Shield Against All COVID-19 Variants
    • March 29, 2023
Categories
  • Analysis (12)
  • Bonds (50)
  • COVID (77)
  • Crypto (69)
  • Forex (85)
  • Forex Trading (50)
  • Ideas (50)
  • Investing (50)
  • Stocks (93)
  • Uncategorized (40)
  • World (199)
SniperFx
  • Home
  • Forex
  • Crypto
  • Contact
Forex & Crypto Updates

Input your search keywords and press Enter.