Heineken raises FY guidance despite first-half miss, impairment

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LONDON: Dutch brewer Heineken raised its full-year profit guidance on Monday, even as its half-year operating profit growth missed estimates and it took an 874-million-euro ($949-million) impairment.

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The shares of many Chinese companies have been hit by concerns of soft consumer demand.($1=0.

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Category: EconomyBusiness

Markets: MalaysiaChina

Topics: /Business/Business News Corporate News Profit Impairment Heineken Guidance Brewer

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-29 @ 13:35:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 237 words

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Sentences: 11 lines

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News ID: 21818915

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