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Heineken beer sales lower than expected on Asia weakness -Breaking

by Mike Robinson

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© Reuters. A sampling event was held at Pier 17 in New York City’s Seaport District. Cans of Heineken, a non-alcoholic beer, were on display. It took place July 15, 2021. REUTERS/Joyce Philippe

BRUSSELS (Reuters), Heineken, the second-largest brewer worldwide, announced Wednesday that it experienced a more severe than expected drop in third-quarter beer volume sales due to COVID-19 restrictions across Asia.

According to the Dutch giant of brewing, it had 5.1% less beer sold on an like-for-like basis last year than the previous year. However, Asia-Pacific sales were down 37.4%.

Heineken is Europe’s most-sold beer. It also makes Tiger and Sol Lagers.

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