Heineken sales and profits inch higher
Dutch brewer Heineken has reported slightly higher third-quarter profits as rising sales in Africa and Russia offset weaker trade in Europe.
Net profits for the July-to-September period were 525m euros ($731m; £457m), with sales up 0.6% to 4.6bn euros.
Poor weather in July and early August had hit sales in Europe, although they recovered later in the quarter.
Like-for-like beer volumes grew in Africa and the Middle East by 10% and in Eastern Europe by nearly 5%.
The rise in Eastern Europe was helped by a "strong volume rebound in Russia", Heineken said.
The brewer said it was on target for an operating profit for 2011 "in line with last year".