Breakingviews – Heineken’s post-Covid bounce can only go so far
Heineken consumers are making up for lost time. Undeterred by higher prices, fans of the Dutch brewer are drinking more than before Covid-19 struck. Beer volumes in the first half of the year were up 7.6% organically compared to a year earlier, the Amsterdam-based company announced on Monday. That’s ahead of expectations and about 4% more than in 2019. Revenue soared 37% to 16.4 billion euros year-on-year.