Heineken

AB InBev’s Shares Surge As Profits Rise And Debts Fall

Anheuser-Busch InBev has reported forecast-beating fourth-quarter profits and progress in cutting debts, sending its shares up 8%.

Heineken shares surged 12% after it reported forecast-beating profit, launched a share buyback and predicted further growth next year.

Heineken has announced that it will increase the price of its draught pints by around 6 cent, Drinks Industry Ireland reported.

Danish brewer Carlsberg said its annual organic operating profit grew by 6% and forecast further growth of between 1% and 5% for this year.

A Guinness shortage in the UK before Christmas gave Heineken’s stout Murphy’s a 632% boost in demand, Fortune reported this week.

Heineken’s Indian unit United Breweries will resume beer supplies to India’s Telangana state, the company said on Monday.

Global alcohol companies are demanding unpaid dues of about $446 million from India’s Telangana state, three industry sources said.

Heineken 0.0% will be available on draught in 3,000 Irish outlets by the end of 2025, the Danish brewer announced last month.

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