Heineken may be through its dry patch

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Breakingviews - Heineken may be through its dry patch

There is light at the end of the bar. Vietnam has been gradually lifting restrictions since mid-September, and travel around Asia is likely to improve as vaccination rates climb.

Yet for Chief Executive Dolf van den Brink, it’s still going to be a slow journey. Sales are only expected to recover to pre-pandemic levels in 2023, Refinitiv estimates show. Soaring raw materials costs will also pressure margins. It’s probably too early to drink to a full recovery. DraftKings’ $23 bln M&A flop may have a sequel

 

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After corona the dutch are on the streets more these days thus they use public urinals more. Heineken production should be back to normal soon.

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