Heineken NV reported estimate-beating sales growth boosted by a warm European summer as the world’s third-largest brewer prepares to become a distant number two.
So-called organic revenue increased 7.5 percent, the Amsterdam-based company said on the day that Anheuser-Busch InBev NV was given another week by U.K. regulators to make a formal takeover offer for SABMiller Plc. That topped the 3.9 percent median of 14 estimates. The shares rose as much as 4.6 percent in Amsterdam.
