Heineken, the world's third largest brewer, forecast the rate of growth of volumes and margins would slow this year after solid expansion of both in 2014.
The Dutch brewer, the top seller in Europe with brands such as Heineken and Amstel, profited from increased beer sales in Africa, the Americas and Asia. Sales were broadly flat in western Europe while the only real weakness was seen in eastern Europe.
Consolidated operating profit before one-off rose 6.4 percent to 3.13 billion euros ($3.54 billion), just above the average of 3.11 billion euros in a Reuters poll of nine brokers and banks.
Heineken said it expected revenue to grow in 2015, but with slower expansion of beer sales than in 2014, partly because of strong increases in the first half of last year.