03.08.2016 - Report of Hainekken NV cheered investors
Beer manufacturer Hainekken NV retained profit forecasts despite weak growth in emerging markets. The company's net profit totaled 977 million euros in the first half of the year, which is 6.8% more than for the same period last year. Revenue rose by 2% up to 10.1 billion euros. Given the strong financial performance and a positive outlook, we expect the growth of the company's shares by 12-15% in the medium term.