Despite the corona crisis, AB InBev again sold more beer in the third quarter. The world's largest brewer rapidly adapted its supply chain and saw a particularly strong increase in online sales.
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Beer brewer Heineken saw its sales drop sharply as a result of the corona crisis. Although the third quarter showed improvement, the outlook remains uncertain, which is why the company is making redundancies.
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People seem to be drinking less during the corona crisis: Heineken's sales volume decreased by 14 % in March, resulting in a volume decline of 2.1 % for the quarter as a whole. And still, the beverage group believes the second quarter will be even tougher.
In July, Jean-François van Boxmeer will step down as Heineken CEO after fifteen years at the helm. He is passing the torch on to Dutchman Dolf van den Brink, saying it is time to make way for the younger generation.
Heineken has increased its beer sales over the past half year. The brewer mostly grew in Asia and Africa, however. In Europe, there was even a volume decline.
AB InBev is launching its American flagship beer Bud(weiser) in the Netherlands, in an attempt to hurt its rival Heineken. At first the beer will only be offered in pubs, retailers are to follow by the end of the year.
Dutch drinks conglomerate Heineken is merging its three Belgische entities (Alken-Maes, Stassen and Albert) in order to strengthen their position and simplify management.
Beerwulf, a Dutch speciality beers web shop, is expanding into five new countries: Austria, Italy, Portugal, Spain and Switzerland join the five countries where the web shop is already active.
2018's hot summer has boosted sales for brewers around the world. Heineken and Carlsberg are toasting their excellent results, while AB InBev is dealing with a South American hangover.
Brewery group Heineken has acquired a 40% stake in China Resources Beer Holdings, China’s largest brewer and owner of the world’s largest beer brand, Snow Beer. The deal gives the Dutch company better access to the huge Chinese market.
Dutch brewery group Heineken has lowered its financial year's expectations as its profit suffers from increasing competition with AB InBev. Still, turnover and volume were able to take advantage of the beautiful weather in Europe.
Even though the European beer market continues to struggle, Dutch brewery groups Heineken and Bavaria have published growing turnovers. Bavaria set a record turnover, Heineken raised its turnover 4.3 % in the past quarter.
Dutch brewer Heineken experienced a very successful 2017: both turnover and volume went up and profit grew 25 % to nearly 2 billion euro.
Heineken will try to sell its Belgian beer brand Mort Subite all across the world. It has done similarly with Affligem and that proved to be a major success. Mort Subite will be on sale in every country that has Heineken.
Brewery group Heineken has suffered from the impact of a weak summer in Europe, with disappointing sales in the Netherlands and France. Performances in the other regions were better however.
Brewery Heineken has put up a factory in the Russian city of Kaliningrad up for sale. The weak market forced it to halt production several months ago and things are apparently not looking up.