Heineken shares fall 7% after first-half profit miss
HeinekenHeineken(US:HEINY) CNBC·2024-07-29 07:24

Core Insights - The company's stock experienced a decline of 6.9% as of 8:23 a.m. London time, indicating a negative market reaction to its financial performance [1][2] - Operating profit showed an organic growth of 12.5%, which fell short of the consensus forecast of 13.2% compiled by the company [1] - Beer sales growth was anticipated at 3.4%, but actual growth was only 2.1%, reflecting weaker-than-expected demand [1][2]