Heineken and Orange, two major players in their respective industries, reported their first quarter financial results, showing mixed outcomes. Heineken experienced a notable increase in beer sales, surpassing expectations with a 4.7% year-on-year growth, nearly double what analysts had predicted. Despite this, their adjusted Q1 revenue of €6.85 billion fell short of forecasts. However, the company remains confident in its 2024 profit growth forecast. On the other hand, Orange reported a Q1 revenue of €9.85 billion, which also missed forecasts, but the telecom giant reaffirmed its full-year guidance.