CRH and Heineken report growth in sales as results season begins

Heineken's beer volumes rose by 5.2% on a like-for-like basis from the same period last year.

Heineken's facility in Cork. The brewery giant saw beer sales increase driven by a stead unloosening of restrictions. File Picture: Denis Minihane.

European companies are forecast to have coped with record inflation as they prepare to release a slew of first-quarter results over the coming days.

Profits are expected to have grown by 25% in the three months to the end of March, a much lower pace compared to the 60%-150% rates of 2021, but possibly solid enough to reassure markets.