Heineken sells more beer in first quarter, sticks to outlook

Heineken (HEIN.AS) sold more beer than expected in the first quarter, reporting its first year-on-year growth in quarterly volumes in a year, as it kept its 2024 profit growth forecast.

The world’s second-largest brewer has said that beer volumes rose 4.7 per cent organically in January-March, beating the 2.5 per cent growth expected by analysts in a company-provided poll.

It is focused on restoring volume growth this year, which was hurt in 2023 in part as it hiked prices to offset...