Report
Robert Jan Vos

Heineken : Rising commodity prices and challenging conditions in Asia Pacific

>Q3 2021 trading update due 27 October - Heineken is set to report its Q3 2021 trading update on 27 October at 08:00. Heineken reports on volumes only in its first- and third-quarter updates. Moreover, the group does not host a scheduled event for either its first- or third-quarter updates.Beer volumes expected to be roughly flat at 63.9m hl (consensus: -2.3%) - Despite a weak comparison base given a beer volume decline of 1.9% in Q3 2020, we forecast...
Underlying
Heineken NV

Heineken is an international brewer and engaged in the production and distribution of beer brands in 178 countries. Co. is committed to the marketing and consumption of its more than 250 international premium, regional, local and specialty beers and ciders. These include Heineken®, Amstel, Anchor, Biere Larue, Bintang, Birra Moretti, Cruzcampo, Desperados, Dos Equis, Foster's, Newcastle Brown Ale, Ochota, Primus, Sagres, Sol, Star, Strongbow, Tecate, Tiger and Zywiec. In addition, Co. is the cider maker with brands such as Strongbow® and Bulmer's®. Some of its wholesalers also distribute wine, spirits and soft drinks.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Robert Jan Vos

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