Heineken and Ladbrokes count costs of lockdown 

Betting firm Ladbrokes has reported a 90% year-on-year drop in revenue for its European retail division for the first half of the year. Picture: Nick Ansell/PA Wire

Brewers and bookies continue to show the impact of the Covid-19 disruption; with Dutch beer giant Heineken and UK betting firm Ladbrokes each showing reduced revenues for the first half of the year due to the pandemic.

Heineken’s first-half net revenue fell 16.4% as the impact of coronavirus-related lockdowns intensified in the second quarter.