Heineken sales lower than expected after Vietnam lockdown


HANOI, Oct 31 (Reuters): Dutch brewing giant Heineken reported a steeper than expected decline in third-quarter beer sales on Wednesday after Covid-19 restrictions cut volumes in Vietnam, one of its top three markets, by more than half.

The world's second-largest brewer said it sold 5.1% less beer on a like-for-like basis than a year earlier, with Asia-Pacific sales down 37.4% as Covid-19 restrictions hit Cambodia, Indonesia, Malaysia and Vietnam.

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Heineken , Sales , Down , Vietnam , Covid-19 Issues

   

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