Top story:
Heineken says it is set for growth this year after beating its own profit growth guidance in 2024 thanks to a boost in beer sales.
Heineken’s organic operating profit rose 8.3%, exceeding analysts’ forecasts of 5.3% and its own expectations of between 4% and 8%.
Heineken’s share price is down almost 30% in the past 12 months, though investors now hope these results mark a turning of the tide.
Full story here.
Morning update:
Deliciously Ella founder Ella Mills has picked the Allplants brand out of administration to create a new “natural, plant-based powerhouse”.
Mills’ business Plants has no plans to launch products under the Allplants name. Instead, Plants is looking to leverage the brand’s loyal and large community on social media.
Full story here.
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