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Heineken's beer shipments beat analysts' estimates of growth in Asia

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Published Wed, Oct 26, 2016 · 09:50 PM

London

HEINEKEN NV, the world's second-largest brewer, reported third-quarter shipments that beat analysts' estimates as the Tiger brand in Vietnam helped drive growth in Asia.

Volume increased 2 per cent on an organic basis, led by a 15 per cent gain in the Asia-Pacific region, the Amsterdam-based company said in a statement on Wednesday. Analysts expected 1.4 per cent growth. Shipments of premium beer rose 3.5 per cent.

HeinekenBeer

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