Pernod, Heineken Set to Provide Consumer Confidence Gauge [Yahoo! Finance]
HEINEKEN N V S/ADR (HEINY)
NASDAQ:AMEX Investor Relations:
theheinekencompany.com/investors
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Source: Yahoo! Finance
(Bloomberg) -- Spirits producer Pernod Ricard SA and brewer Heineken NV will be at the mercy of faltering consumer confidence in Europe in reports this week. Most Read from Bloomberg Trump's NATO Remark Sparks Political Storm in World Capitals Pentagon Chief Austin in Critical Care Unit at Walter Reed Germany's Days as an Industrial Superpower Are Coming to an End Top Nigerian Banker Killed in California Helicopter Crash Growth at both companies hinges on the strength of the Asian market and the popularity of their higher-priced premium brands, said Bloomberg Intelligence's Duncan Fox. Heineken may fare better than its French peer, thanks to its lower exposure to an uncertain Chinese market, according to Citi, which favors beer stocks over liquor. After setting a sales record in 2023, Airbus SE's fourth-quarter update will probably show commercial deliveries increasing further. Reports from Dutch retail giant Ahold Delhaize NV, carmakers Renault SA and Stellantis NV,
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News
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