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Heineken cuts 2023 forecast after weakness in Asia

Heineken said it has seen signs of slowdown in demand for its beer in some European markets after its third-quarter sales rose by less than expected.
Photo by Alex Tai/SOPA Images/LightRocket via Getty Images

Heineken

The Dutch company, whose brands include Tiger and Sol, said it now expected growth in operating profit before one-offs this year to be between zero and a mid single-digit percentage. It had previously forecast a mid- to high-single-digit percentage.

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