The confectionery maker reported higher profits but lowered its full-year organic sales growth target to 3%, citing weaker convenience-store demand and pressure on household budgets.
Weak consumer sentiment in China weighed on Asian volumes, while Carlsberg expanded its PepsiCo partnership and advanced plans for an Indian IPO.
The brewer benefited from growth in zero-alcohol beer and non-beer beverages, while weaker demand in China and North America weighed on volumes.
Asia Pacific led Heineken’s quarterly performance, while the brewer confirmed its 2026 profit outlook and placed its South African wine portfolio under strategic review.
The Glenfiddich owner will initially target key urban centres through retail and hospitality channels, bringing five established spirits offerings to the Indian state.