Heineken reported operating profit growth at just 0.3% for the first half of 2019, missing company projections which lowered shares in the world-wide brewer more than anytime in the four years. The slow growth was blamed on increased costs for aluminum cans and poor weather in Europe.
Consolidated beer volume globally was up 3.1%. There were no specifics on US volume although it is estimated that all Heineken beer brands are up in mid-single digit territory.
The full report here.