UK off-trade and international cider sales boost Heineken figures
Heineken has reported low single digit volume growth in the UK driven by a strong off-trade performance.
The company said that sales of premium brands in both beer and cider performed strongly, driven by Heineken lager.
It said that pricing in the UK remained “challenging”.
The UK performance contributed to a 2.4% increase in Heineken’s revenue in Europe in the first half of 2016, with operating profit in the region up 15.7%.
Heineken’s group operating profit rose 12.6% on a revenue rise of 4.7%.
Chief executive officer Jean-François van Boxmeer said: "Europe contributed to our results with positive momentum and a clear focus on operational excellence.
“We are convinced that our well-balanced global footprint, sustained investment in brands and innovation, and focus on the premium segment continue to give us a unique competitive advantage to win in our markets.”
Strongbow Dark Fruit, Strongbow Cloudy Apple and Old Mout “underpinned” cider growth in the UK, the company said.
Cider volumes saw double digit increases overall with strong growth in Canada, the Czech Republic, Ireland, Mexico and Romania.