Heineken cautious on 2024 profit forecast on volatile economic conditions

Dutch brewer Heineken HEIN.AS on Wednesday forecast operating profit growth of low- to high-single digits in 2024, citing volatility in geopolitics and economic conditions. Heineken, the world’s second-largest brewer, also reported a 1.7% rise in its full-year 2023 operating profit, exceeding analysts’ forecasts. The company, whose namesake beer is Europe’s top-selling lager and also makes … Continue reading Heineken cautious on 2024 profit forecast on volatile economic conditions