
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:

Tsunami warning triggered in Mexico after 7.3 magnitude earthquake
A tsunami warning has been triggered A tsunami warning has been triggered in Mexico after a 7.3 magnitude earthquake hit off the coast of the North American continent. The quake was recorded off the cost of Chiapas in Mexico, as per the United States Geological Survey (USGS). As per Sky News, the earthquake struck Puerto […]
News
1 day ago
Mother of Henry Nowak’s killer jailed for removing knife from murder scene
She’s been sentenced to three years The mother of Henry Nowak’s killer Vickrum Digwa has been sentenced to three years in jail for removing the knife used in the stabbing from the scene. Vickrum Digwa was found guilty of murder last month and given a minimum term of 21 years in jail after stabbing Henry […]
News
1 day ago
Full list of peerages given out by Keir Starmer as outgoing PM makes Sadiq Khan a lord
News