Heineken Lifts Dividend as Profit Rises
February 10 2016 - 2:02AM
Dow Jones News
By Maarten van Tartwijk
AMSTERDAM--Heineken NV (HEIA.AE) on Wednesday raised its
dividend by 18% as the Dutch brewer recorded a rise in full-year
net profit, boosted by a steady increase in sales.
Net profit was 1.9 billion euros ($2.1 billion) in 2015,
compared with EUR1.5 billion a year earlier. Revenue rose to
EUR20.5 billion from EUR19.3 billion in 2014.
Heineken declared a full-year dividend of EUR1.30 a share, up
from EUR1.10 a year earlier. The brewer said revenue and earnings
will continue to grow in 2016 despite volatility in emerging
markets and deflationary pressures.
-Write to Maarten van Tartwijk at maarten.vantartwijk@wsj
(END) Dow Jones Newswires
February 10, 2016 01:47 ET (06:47 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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