HUSA Highlights

Dear Client:Heineken has reported its Q4 earnings. In the Americas, Heineken grew 3.7% organically, driven by strong growth in Mexico, but offset by some weaker volumes in the U.S. and Brazil. HUSA declined in both volume and depletions, slightly for the quarter and year. However, the four core four brands --Heineken, Dos Equis, Strongbow, Tecate -- were positive. In fact, Newcastle was the no. 1 contributor to overall declines, said chief sales officer Ray Faust. "HUSA did grow share last