Heineken Nv Stock Price, News & Analysis

Heineken N.V. (HEINY) has announced the launch of its €1.5 billion share buyback programme, starting with a first tranche of €750 million. The initial phase is expected to complete by January 30, 2026, unless the allocated amount is spent earlier. Heineken Holding N.V., the company's majority shareholder, will participate proportionally to its shareholding on a daily basis.

The shares will be purchased at the volume-weighted average price of shares acquired by HEINEKEN on the market. All repurchased shares under this programme will be cancelled. The buyback will be executed within existing shareholder authority and in compliance with Market Abuse Regulation 596/2014, including safe harbour provisions for share buybacks.

Heineken N.V. (HEINY) reported strong 2024 full-year results with broad-based growth across all regions. The company achieved organic beer volume growth of 1.6% and net revenue growth of 5.0%. Operating profit (beia) increased by 8.3% organically, with margins expanding 40 bps to 15.1%.

Notable performance highlights include Heineken® brand volume growth of 8.8%, premium volume growth of 5%, and mainstream beer volume increase of 2%. The beyond beer segment grew 4%, while Heineken® 0.0 saw 10% growth. The company achieved gross savings exceeding €0.6 billion and increased marketing investment by €0.3 billion.

HEINEKEN announced a two-year €1.5 billion share buyback programme and provided a 2025 outlook projecting operating profit (beia) organic growth between 4% to 8%. Free Operating Cash Flow reached €3,058 million, with net profit at €978 million.

Heineken® (HEINY) has released findings from a new anthropological study conducted with Oxford Professor Charles Spence, surveying 11,842 adults across five markets. The research reveals that despite growing acceptance of non-alcoholic beverages, social pressures around alcohol consumption persist, particularly among Gen Z.

Key findings show that 21% of Gen Z have been questioned about choosing non-alcoholic drinks, with over one-third feeling pressured to drink alcohol in social situations. The study also found that 51% of people have consumed alcohol despite planning not to, often due to social pressure. However, positive trends emerge with half of participants noting increased acceptance of low/no-alcohol options compared to five years ago.

In response, Heineken® launches its '0.0 Reasons Needed' campaign, aiming to normalize alcohol-free choices and combat social stigmas. The campaign, featuring new TV commercials, will air globally in January 2025.

Heineken N.V. (HEINEKEN) has announced significant changes to its Supervisory Board. Peter Wennink, current Vice-Chair, will become Chair at the April 2025 AGM, succeeding Jean-Marc Huët who will step down after 11 years of service. Maarten Das, who has served since 1994, will retire at the 2025 AGM.

The company will nominate Alexander de Carvalho as new member and delegated member, continuing the Heineken family's tradition of involvement. Additionally, Nitin Paranjpe will be nominated for reappointment and will become the new Vice-Chair while maintaining his role as Chair of the Sustainability and Responsibility Committee.

Heineken N.V. reported solid Q3 2024 results with revenue of €9,072 million and net revenue organic growth of 3.3%. Beer volume grew organically by 0.7%, while premium beer volume increased by 4.5%. The Heineken® brand showed strong performance with 8.7% volume growth and double-digit growth in 30 markets.

The company maintained its full-year outlook, expecting operating profit organic growth of 4-8%. Notable performance includes non-alcoholic beer & cider growth of 11.0% and eB2B platform growth capturing €9.3 billion in gross merchandise value. However, currency translation negatively impacted net revenue by €471 million, mainly due to devaluation of various currencies.

Heineken has partnered with Amsterdam Dance Event (ADE) to encourage less phone use on dance floors. During Barry Can't Swim's DJ set at the ADE opening event, Heineken used infrared technology to display a hidden message visible only on phone screens, urging fans to put their phones away. This initiative follows research showing that 41% of Gen Z and Millennials find it frustrating to see phones in the air at concerts.

To address this issue, Heineken has launched 'The Boring Mode' app, which turns smartphones 'boring' by silencing apps and reducing distractions. The app aims to help people enjoy social moments without digital interruptions. This follows the success of Heineken's -edition 'Boring Phone', a basic flip phone that garnered interest from over 70,000 people.

The campaign aligns with a growing trend of artists and consumers seeking more present, phone-free experiences at music events.

HEINEKEN has announced its intention to nominate Harold van den Broek for reappointment as a member of the Executive Board at the Annual General Meeting (AGM) in April 2025. The proposed reappointment is for a four-year term. Jean-Marc Huët, Chairman of the Supervisory Board, praised van den Broek's leadership, citing significant revenue and operating profit growth, a substantial cost savings programme, and accelerated business transformation processes despite global volatility.

Harold van den Broek, born in 1967 and of Dutch nationality, was initially appointed to HEINEKEN's Executive Board at the AGM in 2021. With over 30 years of experience in fast-moving consumer goods, he has held various business and finance roles across different regions and functions. Van den Broek joined HEINEKEN as CFO and Executive Board member on 1 June 2021, after previous roles at Unilever and Reckitt Benckiser.

On International Beer Day, Heineken launches an emotive ad with an unexpected message: forget about the beer and focus on having a good time together. The campaign, titled 'Forgotten Beers', showcases how abandoned beers at social gatherings signify good times being had. This aligns with Heineken's core value of sociability and addresses growing concerns about loneliness and digital overload affecting social lives.

The ad, set to Debussy's Claire de Lune, emphasizes that the best part of having a beer isn't the beer itself but the social experience. This campaign follows Heineken's recent initiatives like 'The Boring Phone' and 'The Closer', aimed at combating digital distractions and promoting real-life interactions. Dolf van den Brink, CEO of HEINEKEN, reaffirms the brand's commitment to bringing people together, while Willem van Waesberghe, Master Brewer, acknowledges the importance of moments surrounding drinking experiences.

Heineken N.V. (HEINY) reported solid 2024 half-year results with 6.0% organic growth in net revenue and 12.5% organic growth in operating profit (beia). Key highlights include:

- Beer volume organic growth of 2.1%
- Heineken® brand volume growth of 9.2%
- Diluted EPS (beia) up 5.9% to €2.15
- Premium beer volume grew 5%
- Heineken® 0.0 up 14%

The company updated its full-year outlook, expecting operating profit (beia) to grow organically in the range of 4% to 8%. Heineken plans to significantly increase investments in marketing and sales in key markets during the second half of 2024. The company remains on track to deliver €0.5 billion in gross savings for 2024.