The investment bank Fortis Bank has increased its earnings per share estimates for the Dutch brewer Heineken NV.


In a research note its analyst Nicole van Putten said: “We have increased our 2003/04 EPS estimates to €2.05 (was 2.00) and €2.12 (was 2.08) due to better than expected EBIT performance in West Europe.”


Fortis has a “hold” rating for the brewer.