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.
News for Heineken Holding N.V. (HKHHY) centers on its role as the holding company for Heineken N.V. and on the broader activities of the HEINEKEN group. Company announcements highlight capital markets actions such as the current share buyback programme, where Heineken Holding N.V. reports weekly on the number of shares repurchased on exchange and the total consideration paid under a programme of up to approximately €750 million.
Investors following HKHHY news can expect regular updates on this buyback activity, including tranche details and the progress of repurchases over defined periods. These disclosures provide insight into how the holding company manages its capital structure while maintaining its participating interest in Heineken N.V.
News related to the HEINEKEN group, to which Heineken Holding N.V. is linked through its participating interest, also features prominently. Recent communications describe brand and marketing initiatives under the Heineken® and Heineken® 0.0 labels, such as a WhatsApp-based technology pilot that encourages users to swap long voice notes for real-life conversations over a beer, and a collaboration with a padel racket brand to create a special edition racket and padel balls. These stories illustrate how HEINEKEN connects its beer and cider portfolio with themes of social interaction, moderation and sports.
Other news items include research commissioned by Heineken® 0.0 on changing attitudes toward alcohol and the growing acceptance of low and no-alcohol options at festive events. Together, these updates give readers a view of both the financial actions of Heineken Holding N.V. and the consumer-facing campaigns and initiatives of the HEINEKEN group. For ongoing context on HKHHY, this page aggregates such announcements in one place.
Heineken Holding N.V. reported a strong performance in the first half of 2022, with a net profit of €633 million, a 22.3% increase year-over-year. Revenue grew by 37.0% to €16,401 million, driven by a 7.6% growth in beer volume. The company saw an impressive 24.3% organic growth in net revenue (beia), with a significant contribution from premium beers. Despite the positive results, Heineken acknowledges a challenging global environment and rising inflation pressures that may impact future performance. The interim dividend of €0.50 per share will be paid on 11 August 2022.
On April 21, 2022, Heineken Holding N.V. held its Annual General Meeting of Shareholders (AGM), successfully adopting all agenda proposals. Notably, a 2021 dividend of EUR 1.24 per share was approved, with a final payment of EUR 0.96 per share set for May 3, 2022. Key appointments included the reappointments of non-executive members Fernández Carbajal, Fentener van Vlissingen, and Brassey, alongside the appointment of Carvalho. Additionally, Deloitte Accountants B.V. was reappointed as the external auditor for 2023. More details are available on the company’s website.
Heineken Holding N.V. reported a strong first quarter of 2022 with revenue growth of 35.9% to €6,989 million, driven by organic growth in net revenue (beia) of 24.9%. Beer volumes increased 5.2% organically, with premium volumes rising 6.3%. Notable growth was seen in Heineken® brand, achieving 12.9% volume increase. The company maintains its outlook for the year. However, risks from inflation and supply chain issues may affect future consumption. Currency translation and consolidation of United Breweries positively impacted revenue.
Heineken® has launched its first virtual beer, Heineken® Silver, in the digital platform Decentraland. This innovative offering replaces traditional brewing ingredients with computer-generated alternatives, showcasing Heineken's expertise in a digital format. The launch event featured interactive experiences, including pixelated food and celebrity appearances. Global Head of Brand, Bram Westenbrink, emphasized the ironic nature of the product, highlighting that while it brings a unique concept to the metaverse, it cannot be tasted physically. Heineken's commitment to innovation continues with this venture into the virtual realm.
Heineken Holding N.V. (OTCQX: HKHHY) announced the publication of its 2021 Annual Report on February 25, 2022. The report is now accessible on their official website. Heineken is recognized as the world's most international brewer, with a diverse portfolio of over 300 premium and non-alcoholic beer and cider brands. The company operates in more than 70 countries and employs over 82,000 individuals. Heineken emphasizes sustainability and innovation as part of its business strategy.
Heineken Holding N.V. (OTCQX: HKHHY) reported a significant financial turnaround for 2021, achieving a net result of €1.663 million and an 80.2% organic growth in net profit (beia) to €2.041 million. The company saw a 12.2% organic increase in net revenue (beia) to €21.901 million, driven by a 4.6% rise in consolidated beer volume. Operating profit (beia) grew 43.8%, with a margin of 15.6%. Despite challenges from currency translation impacting revenue by €515 million, the company anticipates continued growth through its EverGreen strategy, aiming for improved margins in 2022.
Heineken Holding N.V. (OTCQX: HKHHY) reported its third quarter trading update, revealing a 5.1% decline in organic beer volume for the quarter, although it saw a 4.0% increase for the first nine months of 2021. In contrast, the Heineken® brand experienced strong growth, with 8.0% growth in the quarter and 15.1% year-to-date. The reported net profit for the first nine months was €3,082 million, benefiting from an exceptional gain from the acquisition of a stake in United Breweries. Full year expectations remain unchanged.
Heineken Holding N.V. reported a net result of €517 million for H1 2021, alongside net revenue of €9,971 million, reflecting a 14.1% organic growth. Beer volume saw a 9.6% growth, with Heineken® specifically growing by 19.6%. The operating profit increased by 109.3% to €1,628 million, while net profit reached €896 million, representing a 320.3% increase. Despite these positive results, Heineken anticipates challenges in the second half of 2021 due to rising input costs and the impact of the COVID-19 pandemic, maintaining that full-year results would be below 2019 levels.
On April 22, 2021, Heineken Holding N.V. held its Annual General Meeting (AGM) where all agenda proposals were approved. Key announcements include a dividend of EUR 0.70 per share, payable on May 6, 2021, with the shares quoted ex-dividend on April 26, 2021. The AGM reappointed Mr. M. Das and Mr. A.A.C. de Carvalho as non-executive members of the Board for four years each. Deloitte Accountants B.V. was reappointed as external auditor for 2022. Further voting results and details are available on Heineken's website.
On April 21, 2021, Heineken Holding N.V. (OTCQX: HKHHY) released its Q1 trading update. Key highlights included stable organic beer volume, a notable 12.1% growth in Heineken® volume, and ongoing implementation of the EverGreen growth strategy. The consolidated beer volume reached 50.3 million hectoliters, while reported net profit stood at €168 million, an increase from €94 million in 2020. Despite challenges from COVID-19, the company anticipates improving market conditions later in the year.