date:Apr 25, 2014
said Trevor Stirling, beverage analyst at Bernstein.
The bears will look at Asia-Pacific, the bulls at Africa.
The Dutch brewer said consolidated beer volumes rose 1.5 percent on a like-for-like basis to 38.2 million hectolitres. Consolidated revenue was up 3.4 percent to 4.04 billion euros ($5.59 billion).
Heineken, the largest seller of beer in Europe, repeated its forecast that revenue should grow in 2014 on a like-for-like basis and excluding currency effects. It grew by just 0.1 percent