Heineken has reported a strong rise in half-year profits as cost controls across its business offset weak beer sales in Europe and North America.
Heineken said today (25 August) that net profits before one-off gains rose by 29% for the six months to the end of June, to EUR621m (US$786.8m). After exceptional gains, including proceeds from the sale of WaverleyTBS in the UK, net profits leapt by 42% on the first half of 2009.
NETHERLANDS: Cost savings boost Heineken H1 profits
Heineken has reported a strong rise in half-year profits as cost controls across its business offset weak beer sales in Europe and North America.
August 25, 2010