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Heineken's Q3 2016 results - Preview

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On Wednesday, Heineken will release a trading update for the third quarter of 2016. Here, just-drinks takes a closer look at the company's performance in the three months to the end of September:

Heineken will release its third-quarter trading update on Wednesday

Heineken will release its third-quarter trading update on Wednesday

H1 & Q2 highlights:

  • H1 net profits dropped by 48% to EUR586m (then US$654m)
  • Asset write-down, currency headwinds and tough comparable drove decline
  • Organic profits were up 11%
  • Net sales in the half were up 2% to EUR10.1bn
  • Operating profits climbed by 10% to EUR1.7bn
  • H1 volumes were up 4%
  • Q2 volumes lifted 2%

Sectors: Beer & cider, Company results

Companies: Heineken

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