- Heineken NV, the world’s third-biggest brewer, reported sales that advanced less than analysts estimated as weaker demand in Nigeria and across Europe offset gains in Asia and Brazil.
- Revenue in Africa and the Middle East declined 1.1 percent on a consolidated basis, less than the 2 percent gain expected by analysts, as consumers in Nigeria pared back spending amid falling oil prices.
- Heineken, which also reiterated its full-year guidance, is anticipating stronger sales and profit in 2015 despite volatility in some emerging markets, where it generates nearly two-thirds of operating profit
- Bloomberg
Heineken guidance suggest weaker sales for NB anticipated Q1 results
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