Heineken Warns Sticky Inflation Will Hit Beer Demand This Year [Yahoo! Finance]
CARLSBERG AS SP/ADR REP B (CABGY)
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Source: Yahoo! Finance
Most Read from Bloomberg Musk Says Putin Can't Lose in Ukraine, Opposes Senate Bill StanChart Weighs Break Up of Corporate, Investment Bank Putin Seeks Revenge on a World Order He Once Wanted to Join Lyft Corrects Earnings Margin Gain to 50 Basis Points From 500 Retail Traders Are Losing Billions in India's Booming Options Market The Dutch brewer gave a wide-ranging operating profit growth forecast of low to high single digits for 2024 as the premium beer market faces challenges. Earnings and sales rose less than expected last year as volumes declined. The stock fell as much as 6.5% Wednesday morning in Amsterdam, the steepest intraday drop in more than five months. “We feel good about where the company is going, but we continue to do that in a turbulent world so that's why we have deliberately chosen a relatively wide range,” Heineken Chairman and Chief Executive Officer Dolf van den Brink said in an interview. The Dutch brewer has been raising prices to keep revenue
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- Ukrainian Brewers Fight to Establish Identity With New Style of Beer [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Ukrainian Brewers Fight to Establish Identity With New Style of Beer [BNN Bloomberg (Canada)]BNN Bloomberg
- Heineken Forecasts Single Digit Operating Profit Growth in 2024 [BNN Bloomberg (Canada)]BNN Bloomberg