UPDATE 1-Mexico, Vietnam drive Heineken sales at start of year

miércoles 22 de abril de 2015 02:49 GYT

* Q1 consolidated revenue up like-for-like 2.0 pct

* Asia beer volume up 11 pct, Americas up 5.9 pct

* Africa slows to 0.9 pct growth, Europe down (Adds regional breakdown, outlook)

By Philip Blenkinsop

BRUSSELS, April 22 (Reuters) - Heineken NV, the world's third largest brewer, reported stronger than expected revenue growth in the first quarter on Wednesday, boosted by sales of Mexican lagers and drinking over the New Year in Vietnam.

Heineken said consolidated revenue in the Jan-March period grew by 2.0 percent on a like-for-like basis to 4.34 billion euros ($4.66 billion), above market expectations.

Volume and revenue growth in the first quarter was far strongest in Asia, thanks to double-digit percentage expansion in Vietnam and Cambodia, followed by the Americas, where Heineken brews in Mexico and exports into the United States.

African and Middle East beer sales growth slowed to 0.9 percent from 10.3 percent a year earlier, partly due to low oil prices hitting consumer confidence in Nigeria.

In Europe, weak Russia and a duty increase in Italy resulted in lower sales in the region.   Continuación...