Heineken's Q3 2017 by region - results data

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Earlier today, Heineken reported a rise in Q3 volumes. Here, just-drinks takes a closer look at the group's regional performance in the three months to the end of September:

  • Africa Middle East & Eastern Europe - organic beer volumes up 8.8%

Heineken reported continued difficult underlying trading conditions in Nigeria, with volumes in the country down mid-single digits. "Sourcing hard currencies remains a challenge," Heineken said, though the company flagged an improvement versus last year.

Both South Africa and Ethiopia delivered a double-digit volumes lift, while Heineken highlighted new operations in Ivory Coast, which delivered "ahead of expectations". 

Brand Heineken and recent launches in the economy segment drove double-digit volume gains in Russia

  • Americas - organic beer volumes up 2.9%

Mexico saw overall volumes increase mid-single digits with brand Heineken showing double digit gains in the country. 

In Brazil, volumes lifted by mid single digits with the premium brands enjoying a double-digit boost. Heineken flagged the performance of the recently acquired Kirin Brazil portfolio as "very encouraging".

Heineken's US unit saw volumes slip mid single digits with brand Heineken "facing a difficult comparative due to phasing of shipments". Meanwhile, Lagunitas continued to outperform the craft market, the brewer said. 

  • Asia Pacific - organic beer volumes up 12.2%

Tiger propelled double digit gains in Vietnam while in Cambodia, volumes were also up double digits, thanks to additional capacity added last year. Malaysia, too, saw double digit volumes increases. 

China meanwhile "continued to be impacted by parallel imports", Heineken said, though the brewer underscored an improvement on previous quarters. 

  • Europe - organic beer volumes down 2.8%

Key markets including France and the Netherlands were hit by a cool summer, pushing volumes down mid single digits. UK volumes slumped double digits as Heineken continues to be affected to a partial delisting from a major customer. Poland saw volumes slip mid single digits after a reduction in promotional activity. 

There was good news from Italy as new product launches, successful activations and strong execution boosted volumes by mid single digits. 

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