Heineken has blamed a poor summer in Western Europe for a fall in third-quarter volumes.

The Dutch brewer said “unfavourable weather conditions and low consumer confidence” was behind weak trading in the UK and the Netherlands.

Volumes in Western Europe dropped by more than 4% in the three-month period.

But overall sales were up 13% to €4.62bn (£4.03bn), boosted by the acquisition of Mexican brewer Femsa, while profits rose more than 10% to €520m.

The brewer claimed England’s poor World Cup performance had contributed to sluggish summer sales.

It also warned that cost hikes could be passed on next year, although price rises were likely to concentre on emerging markets.

Read more
Heineken hikes profits but UK market share slides (25 August 2010)
Heineken completes Femsa takeover (21 July 2010)

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