beer sales down in Europe?

Poor summer hits Heineken sales in western Europe

Wednesday 26 October 2011
Brewing group Heineken reported a 1.7% drop in third quarter group beer European sales on Wednesday, due in part to the poor European summer.
But total sales in volume terms rose 1.1%, boosted by growth in four other regions, including a 4.9% rise in central and eastern Europe, the company said in a statement.
Total revenues reached €4.6bn, unchanged on the year-earlier period. Net profit was also stable at €525m.
Heineken said at the end of August it expected this year to be difficult and reiterated earlier forecasts that net profit would be broadly in line with last year.

© DutchNews.nl