Heineken saw consolidated beer volume grow 2% in its third quarter.
The group said that net profit for the last nine months was down 30% €1.239bn, mainly due to a one-time gain of €379m from the sale of Mexican packaging operations which boosted previous results.
Volume in the premium segment grew 3.5% in the quarter.
The group also announced that chief executive Jean-François van Boxmeer, would be nominated for a fourth term at the 2017 annual general meeting.
He said: “Performance in the third quarter was robust despite strong comparatives in Americas and Europe, and a tough environment in Africa, the Middle East and eastern Europe. Strong performance continued in key markets such as Vietnam and Mexico, with Europe also showing further positive momentum. Our full-year margin expectations remain unchanged despite continued adverse economic conditions in some developing markets, as well as increasing currency headwinds.”
