AMSTERDAM: Dutch brewer Heineken expects negligible profit growth this year due to weaker demand in the United States and key European markets and the impact of a strong euro on foreign currency earnings.
The world’s fourth largest brewer, whose brands include Amstel, Tiger and Murphy’s, said its first-half net profit excluding exceptional items and goodwill amortisation grew just 1% to 334 million euros (US$372mil) and forecast an identical rate of growth for the full year.
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