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Heineken CEO Dolf van den Brink on input cost pressures & portfolio performance
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Heineken CEO Dolf van den Brink on input cost pressures & portfolio performance
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Heineken CEO Dolf van den Brink on input cost pressures & portfolio performance
2022
Overview
Heineken Chief Executive Officer Dolf van den Brink says the company are deliberately being cautious on their outlook due to the inflationary environment. In their company filings, the beermaker warned it faced the worst inflation in a decade. That's despite the Heineken brand itself posting double digit growth in 60 countries last year. Van der Brink also highlighted the out-performance of inflation-resilient premium brands, which are growing at double the rate (10%) of the total portfolio (+5%). He talked to Bloomberg's Francine Lacqua immediately after the European market opened. Lead in: How much could you actually increase prices? You talked about courageous price increases, what does that mean?
Publisher
Bloomberg
