Shares in Heineken (HEINY) shot up as much as 5% in Amsterdam after the world's second largest brewer reported earnings.
The Dutch company, which owns brands like Sol, Tiger and Amstel, reported sales growth of 6% for 2018, with its flagship Heineken brand posting its strongest results in a decade.
The company also touted a strong performance from its non-alcoholic beer, Heineken 0.0.
Heineken made a huge bet on China in August, buying a 40% stake in China Resources Beer, the maker of Snow. The transaction is currently awaiting regulatory approval.
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