UPDATE 1-Currency impact to take froth off Heineken earnings

lunes 1 de agosto de 2016 04:35 GYT

* Sees currency impact more than double previous forecast

* Vietnam, Europe strong, Nigeria, Russia weak

* Shares fall three percent (Updates after CEO interview)

By Philip Blenkinsop

BRUSSELS, Aug 1 (Reuters) - Heineken, the world's third-largest brewer, forecast a bigger blow from declining currencies this year after a first half when strength in Asia and Europe helped to offset declining sales in Africa.

The brewer of Heineken, Europe's best-selling lager, Tiger and Sol said its African markets were unlikely to recover in the near term and the weaker Mexican peso, Nigeria naira and British pound would reduce earnings.

The gap between Heineken and market leader Anheuser-Busch InBev will widen if AB InBev completes its 79 billion pound ($104.5 billion) takeover of SABMiller

Access to Africa is a major factor for AB InBev in the deal but Heineken's experience shows the road there can be bumpy.

Heineken Chief Executive Jean-Francois van Boxmeer told Reuters there would be no immediate pick-up in Africa and the Middle East.   Continuación...