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AMSTERDAM, Netherlands (AP) - Dutch brewer Heineken Holding NV on Wednesday reported full year profit of 761 million euros ($906.5 million), up 19 percent from a year earlier due to stronger sales and lower restructuring costs.
The company earned 642 euros in 2004. Heineken, the world's fourth largest brewer, said sales rose 7 percent to 10.8 billion euros ($12.9 billion) from 10.1 billion euros.
Chief Executive Jean-Francois van Boxmeer was bullish on the company's prospects, predicting that global beer consumption will grow in 2006 and premium beer sales will rise faster than the market as a whole.
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