Heineken Q1 Net Profit Rises

reported a rise in its net profit for the first quarter. Heineken's quarterly net profit climbed to EUR579 million ($621 million), versus a year-ago profit of EUR143 million. Its revenue on a consolidated basis gained 7.4 percent to EUR4.34 billion. Group revenue climbed 2.2 percent organically. Group beer volume rose 2.2 percent organically in the latest quarter. Heineken maintained its guidance for 2015.