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Evening Standard
Evening Standard
Business
Simon Hunt

Heineken profits surge as drinkers swallow higher prices

Heineken said it costs would continue to be impacted by rising prices of barley (David Parry/PA)

(Picture: PA Archive)

Profits at Dutch brewing giant Heineken have been refreshed by robust demand as beer drinkers chose to swallow higher pint prices.

Sales in the first half of the year were up 37% to €16.4 billion (£13.8 billion) while profits soared 25% to a better than expected €2.2 billion, despite an average 8.9% rise in its prices.

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