Brewer Heineken has returned to growth in its crucial Western Europe market in the first quarter. Source: AAP
HEINEKEN says it has returned to growth in its crucial Western Europe market in the first quarter, after a long period of stagnation.
Organic sales - a figure which strips out the effects of currencies and acquisitions - grew by 3.4 per cent.
However, the Dutch-based brewer's reported sales fell because of the strong euro and because its Eastern European sales shrank. Earnings were lower because of one-off gains in the same period a year ago.
Net profit was 143 million euros ($A214.25 million), against 227 million euros a year ago. Sales fell 2.6 per cent to 4.08 billion euros.
Heineken said that like-for-like sales in Western Europe, where it is the largest brewer, were up 1.8 per cent to 1.51 billion euros.
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