Heineken Holding N.V. reports on 2025 third quarter trading

Rhea-AI Summary

Heineken Holding N.V. (HEIO; HKHHY) reported third-quarter 2025 trading with quarter revenue €8,712 million and year-to-date revenue €25,636 million. Net revenue (beia) was organically down 0.3% for the quarter and up 1.3% year to date. Beer volume was organically down 4.3% for the quarter and down 2.3% year to date, while premium beer volume fell 2.2% for the quarter but was up 0.4% year to date. Heineken® volume was down 0.6% for the quarter and up 2.7% year to date. Management expects 2025 organic operating profit (beia) growth towards the lower end of the 4%–8% guidance. The company reiterated that Heineken Holding only holds a participating interest in Heineken N.V. and provides related services.

Positive

• Quarter revenue €8,712 million
• Year-to-date revenue €25,636 million
• Net revenue +1.3% year to date
• Heineken® volume +2.7% year to date

Negative

• Net revenue organically down 0.3% in Q3 2025
• Beer volume organically down 4.3% in Q3 2025
• Premium beer volume down 2.2% in Q3 2025
• 2025 organic operating profit growth guided toward lower end of 4%–8%

Amsterdam, 22 October 2025 – Heineken Holding N.V. (HEIO; HKHHY) announces

Staying the course while navigating a challenging quarter

Key Quarterly Highlights

• Revenue €8,712 million for the quarter, €25,636 million year to date

• Net revenue (beia) organically down 0.3% for the quarter, up 1.3% year to date

• Beer volume organically down 4.3% for the quarter, down 2.3% year to date

• Premium beer volume organically down 2.2% for the quarter, up 0.4% year to date

• Heineken® volume down 0.6% for the quarter, up 2.7% year to date

• 2025 organic operating profit (beia) growth anticipated to be towards the lower end of the 4% to 8% guidance

Heineken Holding N.V. engages in no activities other than its participating interest in Heineken N.V. and the management or supervision of and provision of services to that company.

Enquiries
Media Heineken Holding N.V.
Kees Jongsma
tel. +31 6 54 79 82 53
E-mail: cjongsma@spj.nl
Media		Investors
Christiaan Prins		Tristan van Strien
Global Communications Director		Investor Relations Director
Marlie Paauw		Lennart Scholtus / Chris Steyn
Global Media Lead		Investor Relations Manager / Senior Analyst
E-mail: pressoffice.heineken@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 with Harold van den Broek, Chief Financial Officer of Heineken N.V., in relation to its Third Quarter 2025 Trading Update today at 09:30 CET/08:30 GMT. This call will also be accessible for Heineken Holding N.V. shareholders. The call will be audio cast live via: 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 (Local):  646 664 1960

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

Participation password for all countries: 776757

On Thursday 23 October 2025 HEINEKEN is hosting a Capital Markets Event. To join virtually please refer to the following link: HEINEKEN CME 2025

Attachment

• Heineken Holding NV Q3 2025 Trading Update

FAQ

What revenue did Heineken Holding (HKHHY) report for Q3 2025?

Heineken Holding reported Q3 2025 revenue of €8,712 million.

How did Heineken Holding's net revenue (beia) perform in Q3 2025 for HKHHY?

Net revenue (beia) was organically down 0.3% in Q3 2025.

What were Heineken Holding's year-to-date revenue and net revenue trends for 2025 (HKHHY)?

Year-to-date revenue was €25,636 million and net revenue (beia) was organically up 1.3% YTD.

How did beer and premium beer volumes move in Q3 2025 for HKHHY?

Beer volume was organically down 4.3% and premium beer volume was down 2.2% in Q3 2025.

What did Heineken Holding say about 2025 organic operating profit guidance (HKHHY)?

The company expects 2025 organic operating profit (beia) growth toward the lower end of the 4%–8% guidance.

Will Heineken Holding shareholders have access to the Q3 2025 conference call (HKHHY)?

Yes; the analyst and investor call on 22 October 2025 at 09:30 CET/08:30 GMT is accessible to Heineken Holding shareholders via the company's webcast.