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Heineken Stock Is Up as Company Expects 2020 Profit to Rise by Mid Single-Digit Percentage

Heineken Holdings has reported a 14% increase in its 2019 net profit and expects the profit to rise in 2020. After such an announcement Heineken (HEIA) stock jumped by over 6%.Heineken, one of the world’s largest brewing company, has reported a 14% increase in the total profit made in 2019. According to CEO Jean Van Boxmeer, the company is expecting a better return in this year’s profits, where the organic adjusted profit growth is forecasted in the mid-single-digit. Heineken Profit...

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