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In Brief: Heineken sales strong

In Brief: Heineken sales strong

HEINEKEN International singled out Cambodia, Laos and Vietnam as bright lights in a generally lacklustre third-quarter sales update Wednesday. In a conference call, Rene Hooft Graafland, chief financial officer of Heineken, highlighted the “very strong performance” of its Singapore-based joint venture subsidiary, Asia Pacific Breweries (APB), which produces Heineken and other beer brands for the Cambodian market. “Asia was the region with the highest percentage of growth for the Heineken brand, with over 6 percent growth across most countries,” said Graafland.

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