Beer brewer Heineken ended up in the red during the first half of the year. As a result of the corona crisis and the accompanying measures, considerably less beer was sold, but the loss was mainly due to the depreciation of more than half a billion euros on assets, such as the breweries.
That said a spokesman for Heineken on Thursday in an explanation of the unplanned publication of provisional figures for the first six months of this year. Heineken will publish the figures sooner, because they are unexpectedly bad.
The loss amounts to approximately 300 million euros. Heineken depreciates 550 million euros on assets, including breweries and office buildings. "In light of the current economic situation," said the spokesman.
Outside of that accounting loss, less was also earned on the beer. Sales fell by 16.5 percent in the first six months of the year, and volume decreased by 11.5 percent beer on tap and counter. The sharp drop in the catering industry as a result of global lockdowns was not made up for in the supermarket.
Profit on beer sales fell even faster than turnover. This is because Heineken earns more from a beer than in the supermarket or from the liquor store.
Heineken will publish its final half-year figures on 3 August as planned.