/ / / Heineken Sales for 1st Quarter Hit 4-Year High

Heineken Sales for 1st Quarter Hit 4-Year High

4/18/2012 01:07:00 AM ,

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From Reuters:

BRUSSELS, April 18 (Reuters) - Heineken, the world's third-largest brewer, sold more beer than expected in the first quarter and persuaded consumers to switch to premium brands, helping its shares to a four-year high.

Europe's largest beermaker said on Wednesday beer volume grew 4.7 percent on a like-for-like basis, with revenue up 6.8 percent. Volume growth was more than double the rate the market had expected.  Full details here.

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