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Heineken Holding N.V. reports 2025 half year results

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Heineken Holding N.V. (OTCQX: HKHHY) has reported its 2025 half-year results, demonstrating solid profit growth across its global operations. The company achieved net revenue organic growth of 2.1% and revenue of €16,924 million. While beer volume showed an organic decline of 1.2%, the flagship Heineken® brand volume grew by 4.5%.

The company reported an operating profit of €1,433 million, with operating profit (beia) showing organic growth of 7.4%. The net result of Heineken Holding N.V.'s participating interest in Heineken N.V. amounted to €380 million. The company maintains its full-year outlook, expecting operating profit (beia) to grow organically between 4% to 8%.

[ "Operating profit (beia) showed strong organic growth of 7.4%", "Heineken® brand volume grew by 4.5%", "Net revenue per hectolitre increased by 3.3%", "Company maintains positive full-year guidance of 4-8% organic operating profit growth" ]
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Positive

  • None.

Negative

  • Beer volume declined 1.2% organically
  • Revenue growth of 2.1% suggests challenging market conditions

News Market Reaction

-8.13%
1 alert
-8.13% News Effect

On the day this news was published, HKHHY declined 8.13%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.



 

Amsterdam, 28 July 2025 – Heineken Holding N.V. (EURONEXT: HEIO; OTCQX: HKHHY) announces:

Solid profit growth highlighting agility across HEINEKEN's global footprint
 

  Key Highlights
   
  • The net result of Heineken Holding N.V.'s participating interest in Heineken N.V. for the first half year of 2025 amounts to €380 million.
  • Revenue €16,924 million
  • Net revenue (beia) 2.1% organic growth; per hectolitre 3.3%
  • Beer volume organic growth -1.2%; Heineken® volume growth 4.5%
  • Operating profit €1,433 million; operating profit (beia) organic growth 7.4%
  • Outlook for the full year unchanged; operating profit (beia) expected to grow organically 4% to 8%
  Enquiries
   
  Media Heineken Holding N.V.      
  Kees Jongsma      
  Tel. +31-6-54798253      
  E-mail: cjongsma@spj.nl      
         
  Media   Investors  
  Christiaan Prins   Tristan van Strien  
  Director of Global Communications   Global Director of Investor Relations  
  Marlous den Bieman   Lennart Scholtus / Chris Steyn  
  Corporate Communications Lead   Investor Relations Manager / Senior Analyst  
  E-mail: pressoffice@heineken.com   E-mail: investors@heineken.com  
  Tel: +31-20-5239355   Tel: +31-20-5239590  
      


  Conference Call Details
   

HEINEKEN will host an analyst and investor conference call in relation to its 2025 Half Year results today at 14:00 CET/ 13:00 BST. This call will also be accessible for Heineken Holding N.V. shareholders. The call will be audio cast live via the website: www.theheinekencompany.com. An audio replay service will also be made available after the conference call at the above web address. Analysts and investors can dial-in using the following telephone numbers:

United Kingdom (Local): 020 3936 2999

Netherlands (Local): 085 888 7233

USA: 1 646 787 9445

For the full list of dial in numbers, please refer to the following link: Global Dial-In Numbers

Participation password for all countries: 465823

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FAQ

What were Heineken's (HKHHY) key financial results for H1 2025?

Heineken reported revenue of €16,924 million, with net revenue organic growth of 2.1% and operating profit of €1,433 million. Operating profit (beia) grew organically by 7.4%.

How did Heineken's beer volumes perform in the first half of 2025?

Overall beer volume showed an organic decline of 1.2%, although the Heineken® brand itself demonstrated strong performance with 4.5% volume growth.

What is Heineken's profit outlook for full-year 2025?

Heineken maintains its outlook for full-year 2025, expecting operating profit (beia) to grow organically between 4% to 8%.

How much was Heineken Holding N.V.'s participating interest in Heineken N.V. for H1 2025?

The net result of Heineken Holding N.V.'s participating interest in Heineken N.V. amounted to €380 million for the first half of 2025.

What was Heineken's revenue per hectolitre growth in H1 2025?

Heineken achieved net revenue per hectolitre growth of 3.3% on an organic basis.
Heineken Holding

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