Heineken will announce its FY results on Wednesday

Heineken will announce its FY results on Wednesday

Heineken  will report its fourth-quarter and full-year results on Wednesday (12 February). Here just-drinks takes a look at the company's highs and lows in the three months to the end of December.

In Q1:

  • Net profits were up by 36.7% to EUR227m (US$295.2m)
  • Net sales increased by 8.1% to EUR4.15bn
  • Operating profits “increased in the mid-teens” 

In H1:

  • Net profits fell by 11% to EUR734m
  • Net sales were down by 7% to EUR9.35bn
  • Operating profits rose by 17% to EUR1.22bn

In Q3:

  • Net profits fell by 15% to EUR483m
  • Net sales flat at EUR5.66bn
  • Operating profit "was slightly lower"

To read a preview of Heineken's Q3 results, click here.