Heineken confirms full year outlook after beer sales rise in every region in third-quarter

Heineken NV has announced that it has increased beer sales in all four of its global regions in its third-quarter.

The world’s second-biggest beer company said that beer volume rose 4.6% in all regions, meanwhile, Heineken volume rose 9.2% with double-digit growth in Africa, Middle East & Eastern Europe and the Americas.

Jean-François van Boxmeer, Chairman of the Executive Board and CEO, reaffirmed Heineken’s full-year outlook.

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He added: "Volume growth continued in the third quarter, benefiting from good weather in Europe and strong growth in Brazil, Mexico, Vietnam and South Africa.

“Heineken brand continued to outperform, driven by Brazil, South Africa, France and Russia. In August, we announced the signing of non-binding agreements with China Resources to join forces to win in China.”

The Dutch beer maker noted that it's only negative spots were declines of beer sales in Nigeria, as well as the Democratic Republic of Congo, Cambodia, Poland and Spain.

In August, Heineken announced that it has signed a deal with China Resources Enterprise amd China Resources Beer to create a long-term strategic partnership for Mainland China, Hong Kong and Macau.