Heineken Brand Volume Lags in US, But Up 8.9% in Americas

But Heineken NV’s consolidated beer volume was up only 2.9% in the Americas region on an organic basis, the company said in a trading update this morning. 

Jean-François van Boxmeer, Chairman of the Executive Board & CEO, said the company’s global “performance in the third quarter was solid, with an acceleration of organic volume growth in Asia Pacific and Africa, Middle East & Eastern Europe. Growth in Asia Pacific continued to be driven by Vietnam and Cambodia whilst in Africa, Middle East & Eastern Europe, the main contributors were Russia, Ethiopia and South Africa.

“In the Americas, Mexico continued to deliver, and weaker volumes in the US were offset by growth coming from Brazil. Europe had to face tough comparatives, partly due to less favourable weather in some key markets,” he said.

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