Heineken has blamed "unseasonably wet weather" in
Europe for a drop in both sales and profit in the three months to the end of
September.
The Dutch brewer, which owns Strongbow and Bulmers as well
as its eponymous lager, said sales fell 1.5% to €5.1bn (£4bn) in the third
quarter.
Heineken said net profit in the quarter had also fallen,
down to €460m, compared with €483m a year ago.
It comes just weeks after it rejected a takeover from rival
SABMiller.
Despite the weaker-than-expected performance, Heineken said
it was still confident on its performance for the full year.
"Amidst a volatile global environment and poor weather
during the high selling season in Europe, we maintained top-line growth,"
said Heineken chairman Jean-Francois van Boxmeer.
Revenues in eastern and western Europe fell 8.5% and 4.1%
respectively.
But the drop was offset by gains in emerging markets, with
revenues up 10% in Asia and 3.6% in Africa.
It said the popularity of its Tiger brand in Vietnam and
Malaysia helped drive Asian sales higher.
SABMiller
spurned
In September, Heineken rejected a takeover offer from London
brewer SABMiller, saying the proposal was "non-actionable".
It said the Heineken family, the founding family which
still
owns half of the firm, wanted to preserve the firm as "an independent
company".
At the time, Heineken said it w
as confident it would
continue to grow.
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