Heineken operating profit tops forecasts

|About: Heineken N.V. (HINKF)|By:, SA News Editor

Heineken (HINKF.PK) H1 operating profit before items +5% to €1.45B vs consensus of €1.42B.

Revenue +7% to €9.35B, organic revenue -3%.

Operating profit +15% to €1.33B vs forecasts of €1.34B.

Adjusted net profit -1% to €679M.

Net profit -17% to €320M.

EPS €1.11 vs €1.33.

Expects FY adjusted net profit to be in line with 2012 on an organic basis. (PR)