Nigerians drinking less of Heinekens 62 billion litres of beer
News & Trends •
sales of heineken lager the companys premium global brand on which margins are greater rose by 9.2 percent with strong growth in brazil south africa france and russia2 nigerians are now drinking less of heineken beer with the second largest brewer in the world recording less sales in nigeria and congo amid significant rise in sales in other regions2 heineken increased beer sales in all four of its global regions in the third quarter and said it stuck to its full-year outlook2 the dutch maker of heineken europes top-selling lager as well as tiger sol and strongbow cider said on wednesday its consolidated beer volumes rose by 4.6 percent year-on-year to 62.6 million hectoliters 6.2 billion litres2 volume growth continued in the third quarter benefiting from good weather in europe and strong growth in brazil mexico vietnam and south africa chief executive officer jean-francois van boxmeer said in a statement2 nigeria is said to be a major heineken market comparable to russia brazil south africa and france were sales of the beer were said to have increased by 9 per cent2 the only negative spots were declines of beer sales in nigeria a major heineken market as well as the democratic republic of congo cambodia poland and spain. heineken lager sales also fell in the asia-pacific region2 the company said its expectations for the full year were unchanged2 heineken cut its full-year margin forecast in july due to currency weakness in some more profitable markets such as mexico and vietnam and expansion in brazil2 it said its operating profit margin would decline by 20 basis points this year compared with an earlier forecast of a 25 basis point increase2 heineken acquired the loss-making brazilian operations of japans kirin in 2017 to become the number two player in the south america country and had previously warned of a dilutive impact on its margins2

Nigerians drinking less of Heinekens 62 billion litres of beer
News & Trends •
sales of heineken lager the companys premium global brand on which margins are greater rose by 9.2 percent with strong growth in brazil south africa france and russia2 nigerians are now drinking less of heineken beer with the second largest brewer in the world recording less sales in nigeria and congo amid significant rise in sales in other regions2 heineken increased beer sales in all four of its global regions in the third quarter and said it stuck to its full-year outlook2 the dutch maker of heineken europes top-selling lager as well as tiger sol and strongbow cider said on wednesday its consolidated beer volumes rose by 4.6 percent year-on-year to 62.6 million hectoliters 6.2 billion litres2 volume growth continued in the third quarter benefiting from good weather in europe and strong growth in brazil mexico vietnam and south africa chief executive officer jean-francois van boxmeer said in a statement2 nigeria is said to be a major heineken market comparable to russia brazil south africa and france were sales of the beer were said to have increased by 9 per cent2 the only negative spots were declines of beer sales in nigeria a major heineken market as well as the democratic republic of congo cambodia poland and spain. heineken lager sales also fell in the asia-pacific region2 the company said its expectations for the full year were unchanged2 heineken cut its full-year margin forecast in july due to currency weakness in some more profitable markets such as mexico and vietnam and expansion in brazil2 it said its operating profit margin would decline by 20 basis points this year compared with an earlier forecast of a 25 basis point increase2 heineken acquired the loss-making brazilian operations of japans kirin in 2017 to become the number two player in the south america country and had previously warned of a dilutive impact on its margins2