BRUSSELS: Heineken NV, the world’s third largest brewer, forecast depressed consumer confidence and poor summer weather would hit second-half figures after first-half profit fell short of expectations.
The company’s shares were the weakest in the FTS-Eurofirst 300 index of leading European stocks in initial trading, dropping by as much as 16% to 30.40 euros, their lowest level in 21 months.
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