Heineken Posts Profit In FY21, Lifts Dividend; Sees Margin Growth; Stock Up

Shares of Heineken NV were gaining around 3 percent in the morning trading in Amsterdam after the Dutch brewer reported a profit in its fiscal 2021, compared to last year's loss, driven by strong revenue and volume growth, despite weak results in APAC region. Further, the company announced higher dividend, and said it sees stable to modest sequential improvement in operating profit margin (beia).

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