Welcome to our dedicated page for Heineken Holding news (Ticker: HKHHY), a resource for investors and traders seeking the latest updates and insights on Heineken Holding stock.
Heineken Holding N.V. (HKHHY) reports news tied to its role as a holding company with a participating interest in Heineken N.V. and related management, supervision and service activities. Coverage includes share buyback transaction reports, annual general meeting resolutions, dividends, distributions from reserves, board and remuneration matters, and trading updates connected to the Heineken group.
Company updates also reflect HEINEKEN's beer and cider portfolio, including the Heineken® brand, Heineken® 0.0, premium beer, low- and non-alcoholic beverages, global brands, local power brands and beyond-beer products. Operating news may cover volume, revenue, geographic markets, brand partnerships, sustainability themes and production activities across breweries, malteries, cider plants and other facilities.
Heineken Holding N.V. (EURONEXT: HEIO; OTCQX: HKHHY) reported its 2024 half-year results. Key highlights include:
Revenue: €17,823 million, with a 2.2% growth. Net revenue (beia) increased by 6.0% organically to €14,824 million.
Beer volume: Organic growth of 2.1%, with Heineken® volume up 9.2%. Operating profit: €1,542 million, but a 4.3% decline. However, operating profit (beia) showed a 12.5% organic growth to €2,079 million.
Net profit: €-48 million due to €1,050 million non-cash impairments.
Outlook: Updated to expect 4%-8% organic growth in operating profit (beia) for the full year 2024.
Dividends: Interim dividend of €0.69 per share to be paid on 8 August 2024.
Tonight, Heineken® celebrated thousands of 'real hardcore fans' by integrating their faces into the UEFA Champions League Final Trophy Lift confetti. This event marked the climax of Heineken®'s 'Cheers To The Real Hardcore Fans' 2024 campaign. Fans' selfies were used on biodegradable confetti, symbolizing fan inclusion. One lucky fan won tickets to the Final. The campaign showcased diverse, dedicated fans through various global initiatives, including transforming laundromats in Seoul and installing giant screens in Peru. Heineken® plans to continue celebrating fan inclusion in upcoming seasons.
Heineken Silver has announced a new collaboration with Marvel Studios, celebrating the release of 'Deadpool & Wolverine' on July 26, 2024. The campaign features Ryan Reynolds and Hugh Jackman and aims to emphasize the beer's less bitter taste. The promotion will include a television spot, in-store promotions, and extensive digital and social media support. Heineken Silver, a lighter beer with only 2.9 carbs and 95 calories, hopes to connect people by providing a less bitter experience. This partnership continues Heineken Silver's 'All The Taste, No Bitter Endings' campaign, following previous collaborations with Marvel Studios.
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