More rev­enue, less net profit for Heineken

China Daily (USA) - - BUSINESS -

Heineken had a rev­enue rise in the first half of 2016, but net profit al­most halved com­pared with the same pe­riod last year, the Dutch brewer an­nounced. Rev­enue in­creased from 9.896 bil­lion eu­ros ($11.05 bil­lion) in the first half of 2015 to 10.094 bil­lion eu­ros in the first six months of 2016, a growth of 4.7 per­cent or­gan­i­cally with rev­enue per hec­to­liter up 0.8 per­cent. Net profit went down from 1.144 bil­lion eu­ros in the first half of 2015 to 586 mil­lion eu­ros in the first half of 2016. The net profit be­fore ex­cep­tional items and amor­ti­za­tion grew from 915 mil­lion eu­ros in H1 2015 to 977 mil­lion eu­ros in the first half of this year.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.