01-08-2016 10:37 via news.yahoo.com

Currency impact to take froth off Heineken earnings

By Philip Blenkinsop BRUSSELS (Reuters) - Heineken, the world's third-largest brewer, forecast a bigger blow from declining currencies this year after a first half when strength in Asia and Europe helped to offset declining sales in Africa. The brewer of Heineken, Europe's best-selling lager, Tiger and Sol said its African markets were unlikely to recover in the near term and the weaker Mexican peso, Nigeria naira and British pound would reduce earnings. The gap between Heineken and market leade
Read more »