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Heineken First-Half Earnings Miss Estimates on Higher Costs, Bad Weather

  • Poor weather in Europe also leads volume to decelerate
  • Brewer still sees better full-year operating profit growth
Red star logos sit on Heineken beer cans at the Heineken NV brewery in Zoeterwoude, Netherlands.

Red star logos sit on Heineken beer cans at the Heineken NV brewery in Zoeterwoude, Netherlands.

Photographer: Jasper Juinen/Bloomberg
Updated on

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Heineken NV shares fell the most in almost four years after the world’s second-largest brewer reported earnings growth that almost ground to a halt, held back by costs for aluminum cans and poor weather in Europe.