Heineken announces FY results on Tuesday

Heineken announces FY results on Tuesday

Heineken is set to report its full-year results next Tuesday (23 February).

Here, just-drinks takes a look at the highs and lows for Heineken in the three months to the end of December.

  • In the UK, Heineken confirmed in December that it would withdraw its White Lightning cider brand as a result of concerns about white cider's public image in the country as a contributor to problem drinking.
  • Although it didn't occur in the fourth quarter, the biggest news involving Heineken came last month, when the company surprised many by successfully acquiring FEMSA in Mexico. The purchase, which cost Heineken EUR3.8bn (US$5.5bn), saw the brewer snaffle FEMSA from under SABMiller's nose.

To read up on Heineken's third-quarter results, click here.