Heineken’s Cheers: A Round of 7.2% Revenue Growth in Q1
Heineken NV reported 7.2% revenue growth in Q1 FY24, driven by 4.3% volume growth and 4.9% increase in net revenue per hectolitre. Beer volume increased 4.7% organically across all regions, beating market expectations. Company expects low- to high-single-digit operating profit growth in FY24.