Heineken Reports 4.8 Percent Third-Quarter Organic Volume Growth

Heineken NV reported third-quarter organic volume growth of 4.8 percent, surpassing analyst expectations. The Dutch brewer attributed the performance to a rebound in the Americas and strong demand across Asia, specifically noting that consumers in Vietnam are trading up to premium brands.

Consolidated volumes, which include drinks sold by subsidiaries, rose 3.9 percent. These results provide an early performance boost for Chief Executive Officer Rafael Oliveira, who assumed his role only weeks before the reporting period began.