Heineken blames the rain for sales slump

22 October, 2014

Heineken blamed wet weather for a 4.1% drop in revenues for Western Europe during the third quarter of 2014.

Overall sales fell 1.5% to £4 billion as strong performances in Asia and Africa eased the pain of the slump in its European heartland.

"Amidst a volatile global environment and poor weather during the high selling season in Europe, we maintained top-line growth," said Jean-Francois van Boxmeer, chairman at Heineken, which supplies Bulmers, Strongbow, Kronenbourg and its eponymous brand among other to the UK trade.

Net profit for the third quarter was down 4.8% to £364 million.†




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