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HEINY Heineken Nv (QX)

51.72
0.19 (0.37%)
16 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Heineken Nv (QX) USOTC:HEINY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.19 0.37% 51.72 51.31 52.02 51.84 51.50 51.58 45,258 21:09:43

Heineken Backs 2023 Guidance After 3Q Revenue Rose But Missed Expectations

25/10/2023 7:50am

Dow Jones News


Heineken Nv (QX) (USOTC:HEINY)
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By Michael Susin

 

Heineken backed its full-year guidance after reporting a third-quarter revenue increase that was slightly below market expectations.

The Dutch brewer said adjusted net revenue before exceptional items and amortization--one of its preferred metrics--rose to 8.015 billion euros ($8.49 billion) in the quarter from EUR7.79 billion last year.

A company-compiled consensus forecast had seen net revenue before exceptional items and amortization at EUR8.11 billion.

The company backed its expectations for the full year of stable to mid-single digit organic growth in operating profit before exceptional items and amortization.

 

Write to Michael Susin at michael.susin@wsj.com

 

(END) Dow Jones Newswires

October 25, 2023 02:35 ET (06:35 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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