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SA Company Results: The Latest

SA Company Results: The Latest

Bitter year for Heineken as inflation hits profits, beer sales

Dutch brewer Heineken on Wednesday reported a drop in annual profits as beer volumes declined in "challenging market conditions" including high inflation.In its home market of the Netherlands, the Dutch brewery association said that beer sales overall fell by more than five percent in 2023 due to poor summer weather and inflation.

Bitter Year For Heineken As Inflation Hits Profits, Beer Sales

Bitter Year For Heineken As Inflation Hits Profits, Beer Sales
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