Heineken's Vietnam Sales in Focus, Given Easy Comparatives -- Market Talk

Dow Jones06-28

1012 GMT - Heineken's investors will be paying attention to Vietnam's performance at the company's first-half earnings as the region continues to beat the extremely easy comparatives, Barclays analysts Laurence Whyatt and Mandeep Sangha say in a note. The Dutch brewer reported a 25% volume drop in Vietnam in the same period last year, the analysts say, and sector data is pointing to sales down 4% YTD, they say. "We suspect Heineken's sales will still be below the around 20% growth that this implies", they say. For the year as a whole, Barclays pinpoints organic sales growth in the region at 11.7%. In Latin America, performance is expected to be mixed given Brazil's decline in consumer confidence, while the weather and sport events are likely to help sales in Europe, they say. Shares are up 0.4%. (michael.susin@wsj.com)

(END) Dow Jones Newswires

June 28, 2024 06:12 ET (10:12 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2446657417?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-06-28 18:12","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2446657417","market":"us","top_or_hot":-1,"title":"Heineken's Vietnam Sales in Focus, Given Easy Comparatives -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1012 GMT - Heineken's investors will be paying attention to Vietnam's performance at the company's first-half earnings as the region continues to beat the extremely easy comparatives, Barclays analysts Laurence Whyatt and Mandeep Sangha say in a note. The Dutch brewer reported a 25% volume drop in Vietnam in the same period last year, the analysts say, and sector data is pointing to sales down 4% YTD, they say. \"We suspect Heineken's sales will still be below the around 20% growth that this implies\", they say. For the year as a whole, Barclays pinpoints organic sales growth in the region at 11.7%. In Latin America, performance is expected to be mixed given Brazil's decline in consumer confidence, while the weather and sport events are likely to help sales in Europe, they say. Shares are up 0.4%. (michael.susin@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 28, 2024 06:12 ET (10:12 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Heineken's Vietnam Sales in Focus, Given Easy Comparatives -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHeineken's Vietnam Sales in Focus, Given Easy Comparatives -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-28 18:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1012 GMT - Heineken's investors will be paying attention to Vietnam's performance at the company's first-half earnings as the region continues to beat the extremely easy comparatives, Barclays ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HEINY","symbol_name":"Heineken N.V.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2446657417","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2446657417","pubTimestamp":1719569520,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1012 GMT - Heineken's investors will be paying attention to Vietnam's performance at the company's first-half earnings as the region continues to beat the extremely easy comparatives, Barclays analysts Laurence Whyatt and Mandeep Sangha say in a note. The Dutch brewer reported a 25% volume drop in Vietnam in the same period last year, the analysts say, and sector data is pointing to sales down 4% YTD, they say. \"We suspect Heineken's sales will still be below the around 20% growth that this implies\", they say. For the year as a whole, Barclays pinpoints organic sales growth in the region at 11.7%. In Latin America, performance is expected to be mixed given Brazil's decline in consumer confidence, while the weather and sport events are likely to help sales in Europe, they say. Shares are up 0.4%. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"HEINY":"Heineken N.V."},"translate_title":"通过简单的比较，喜力在越南的销售成为焦点——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HEINY":0.9},"content_text":"1012 GMT - Heineken's investors will be paying attention to Vietnam's performance at the company's first-half earnings as the region continues to beat the extremely easy comparatives, Barclays analysts Laurence Whyatt and Mandeep Sangha say in a note. The Dutch brewer reported a 25% volume drop in Vietnam in the same period last year, the analysts say, and sector data is pointing to sales down 4% YTD, they say. \"We suspect Heineken's sales will still be below the around 20% growth that this implies\", they say. For the year as a whole, Barclays pinpoints organic sales growth in the region at 11.7%. In Latin America, performance is expected to be mixed given Brazil's decline in consumer confidence, while the weather and sport events are likely to help sales in Europe, they say. Shares are up 0.4%. (michael.susin@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 28, 2024 06:12 ET (10:12 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.4","shortVersion":"4.26.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2446657417"}