Heineken raised its profit expectations

Sales and turnover, also declined in the third quarter of the year at Heineken. At the same time the company increased its profit expectations for the whole year.

The third quarter revenues of the Amsterdam based brewery, decreased by a total of 3.9 percent, excluding this year’s costs of acquisitions by 0.4 percent – reports Marketwatch. Revenue was 4.07 billion euros, while sales decreased by 4.1 percent.
However, the profit expectations excluding the acquisitions, were increased by Heineken – Instead of the current single-digit growth, the company expects double digit expansion  – reports napi.hu.