Home » Heineken – volumes stumble into the new year
Heineken’s first-quarter net revenue grew 8.9% to €6.4bn on an organic basis, driven by price hikes to offset inflation. Average selling prices were 12.1% higher, which offset a 3.1% decline in volumes.
Premium beer volume fell 5.7%, driven by a decline in Vietnam and stopping sales of Heineken in Russia.
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