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Softness on the horizon for Heineken as 2022 almost catches 2021- results data

Intel Reporter
Last updated: 26/10/2022 at 1:54 PM
By Intel Reporter
26 October 2022
1 Min Read

Heineken continues to cycle a year-prior period of exceptional challenges, with third-quarter sales retaining a 20%+ growth rate for 2022 so far.


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Credit: Stella de Smit/Unsplash
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Third-quarter sales increase 19.8% to EUR7.79bn (US$7.72bn)Top line in year so far - to end of September - +22.6% at EUR21.27bnVolumes start to normalise: +8.9% year-on-year in Q3 and up 1.4% on same period in 2019Brand Heineken climbs 29% in volume terms versus pre-pandemic Q3 2019 Heineken continues to cycle a year-prior period of exceptional challenges, with third-quarter sales retaining a 20%+ growth rate for 2022 so far. The group, which saw half-year sales jump in August by almost a quarter, reported a top-line lift from the three months to the end of September of 19.8%. The perfo

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