HEINEKEN : Jefferies remains Buy ahead of business update
Ahead of the Dutch group's first-quarter 2024 trading update, scheduled for April 24, the broker says it anticipates a robust start to the year, with organic growth of +2.5% for volumes and +6.5% for sales.
The momentum of strong earnings in the second half of 2023 in Europe and America should naturally continue in the first half of 2024, putting Heineken on the right footing to both meet forecasts and reinvest", he continues.
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