
News
Share
Published 14:27 21 Apr 2022 BST

Heineken has smashed it so far but the year ahead looks uncertain[/caption]
Heineken had a much more solid star to the year than expected, with its net revenues surging by 25 per cent to £4.7bn in the three months to March. The end of covid restrictions helped with this massively and it was also boosted by higher pricing.
However earlier this year, Heineken said costs had soared as a result of commodity inflation and rising supply chain costs. The war in Ukraine has also caused obstacles for brewers, as it has seen grain costs increase.
Dolf van den Brink, Heineken’s chairman, said the team also see “more macro-economic uncertainty” and expect “significant headwinds” later this year.
He added: “We will take additional actions including pricing to manage these challenges whilst we continue to invest in superior, balanced growth and sustainable value creation.”
So, basically, we're all going to get charged more for a pint. Brilliant.
It comes weeks after Marston's Brewery, one of Britain's biggest pub chains, revealed it is set to hike up the price of its pints by 45p because of soaring energy bills and "spiralling costs" for pub landlords. Down South, a pub in Heathrow Airport is charging £8.30 for a pint, MyLondon reports.
Forget beer garden boozing this summer. We'll see you in the park for some cans if this cost of living carries on...
Related links:
Explore more on these topics:
Hundreds of North Sea workers are still too heavy for new helicopter rules
Why the limit applies to North Sea workers Hundreds of North Sea workers remain above the weight limit for offshore helicopter travel with less than two months until new rules come into force, BBC Scotland has found. From November, anyone flying offshore should weigh no more than 124.7kg (19.5st) in their clothing and footwear, so […]
News
just now
Brits ‘stranded abroad’ after UK travel company halts activities
Holidaymakers advised not to travel at the end of the month One UK travel agency has suspended all services as British holidaygoers are left “stranded” at their destination, with the company saying its operations have been halted “until further notice.” The company said an update is expected later this week as it is seeking accounting […]
News
4 min
News
Lucy Letby ‘boyfriend’ doctor identified as court order lifted
News