HEIA.AS - Heineken N.V.

Amsterdam - Amsterdam Delayed Price. Currency in EUR
93.68
-3.04 (-3.14%)
At close: 5:35PM CEST
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Previous Close96.72
Open95.10
Bid0.00 x 0
Ask0.00 x 0
Day's Range93.64 - 95.86
52 Week Range74.28 - 104.00
Volume1,100,657
Avg. Volume582,058
Market Cap53.087B
Beta (3Y Monthly)0.63
PE Ratio (TTM)28.30
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.65 (1.71%)
Ex-Dividend Date2019-07-31
1y Target EstN/A
  • Brewer Heineken tempers profit hopes as Americas slip
    Reuters

    Brewer Heineken tempers profit hopes as Americas slip

    Heineken , the world's second-largest brewer, forecast profit this year would be at the bottom end of its previous guidance after an unexpected dip in third-quarter sales in the Americas partly offset strong growth in Asia. The Dutch maker of Heineken, Europe's top-selling lager, as well as Tiger, Sol and Strongbow cider, said on Wednesday that operating profit before one-offs would rise by about 4% on a like-for-like basis in 2019. It had previously forecast mid-single-digit percentage growth, although market expectations had shifted to the bottom of that range after operating profit barely grew in the first half of the year.

  • Heineken Profit Growth to Ease on Africa, Americas Slowdown
    Bloomberg

    Heineken Profit Growth to Ease on Africa, Americas Slowdown

    (Bloomberg) -- Heineken NV, the world’s second-largest brewer, forecast that growth in operating profit will slow this year as the Dutch brewer sold less beer than expected in Africa and the Americas.Earnings growth is set to rise about 4% this year, down from a rate of 6.4% last year. Heineken’s previous forecast was for a mid-single-digit increase.Key InsightsDouble-digit growth in Asia, which has been dominated by Anheuser-Busch InBev NV, helped offset a decline in the U.S.Heineken is the first of the major brewers to report third-quarter results. Competitors AB InBev and Carlsberg A/S are expected to benefit from demand in Mexico and China, respectively.The Dutch brewer’s namesake brand had double-digit growth in markets such as Brazil, South Africa, the U.K. and Germany. The company has been depending more on Heineken’s strong performance lately as consumers move from low-end beers to international premium brands in developing markets.Market ReactionThe shares fell 1.9% early Wednesday in Amsterdam. The stock has gained about 24% this year.Get MoreSee more details.Read the statement.To contact the reporter on this story: Thomas Buckley in London at tbuckley25@bloomberg.netTo contact the editors responsible for this story: Eric Pfanner at epfanner1@bloomberg.net, John LauermanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Is Heineken N.V.'s (AMS:HEIA) 13% ROE Better Than Average?
    Simply Wall St.

    Is Heineken N.V.'s (AMS:HEIA) 13% ROE Better Than Average?

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

  • Is Heineken N.V. (AMS:HEIA) A Smart Choice For Dividend Investors?
    Simply Wall St.

    Is Heineken N.V. (AMS:HEIA) A Smart Choice For Dividend Investors?

    Dividend paying stocks like Heineken N.V. (AMS:HEIA) tend to be popular with investors, and for good reason - some...

  • What Does Heineken N.V.'s (AMS:HEIA) P/E Ratio Tell You?
    Simply Wall St.

    What Does Heineken N.V.'s (AMS:HEIA) P/E Ratio Tell You?

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll apply a basic P/E...

  • How Much Did Heineken N.V.'s (AMS:HEIA) CEO Pocket Last Year?
    Simply Wall St.

    How Much Did Heineken N.V.'s (AMS:HEIA) CEO Pocket Last Year?

    Jean-François M. Van Boxmeer became the CEO of Heineken N.V. (AMS:HEIA) in 2005. First, this article will compare CEO...

  • China Resources Beer: Can it Capture the Premium Market?
    Motley Fool

    China Resources Beer: Can it Capture the Premium Market?

    The premium beer segment in China is fast-growing and highly profitable. Can China Resources Beer Holdings Co Ltd capture more of it?

  • Molson Coors Tapped Out on Global Growth
    Motley Fool

    Molson Coors Tapped Out on Global Growth

    The brewer couldn't find sales or volume growth in any market.

  • Is Heineken (AMS:HEIA) A Risky Investment?
    Simply Wall St.

    Is Heineken (AMS:HEIA) A Risky Investment?

    Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

  • Thomson Reuters StreetEvents

    Edited Transcript of HEIA.AS earnings conference call or presentation 29-Jul-19 8:00am GMT

    Half Year 2019 Heineken NV Earnings Call

  • Europe stocks rise on M&A and earnings news, as LSE surges while Heineken fizzles
    MarketWatch

    Europe stocks rise on M&A and earnings news, as LSE surges while Heineken fizzles

    Merger and earnings news stirred European stocks on Monday, with broader markets quiet ahead of a key U.S. interest-rate decision.

  • Barrons.com

    Heineken Stock Plunges on Profit Slump but Beer Sales Stay Strong

    Heineken shares fell 6% in early trading as rising packaging costs offset growing global beer sales.

  • Higher costs negate rising beer sales for Heineken
    Reuters

    Higher costs negate rising beer sales for Heineken

    Heineken NV, the world's second-largest brewer, missed estimates for first-half profit on Monday, as rising input costs offset higher beer sales. The Dutch maker of Heineken, Europe's top-selling lager, maintained its full-year forecast that operating profit before one-offs would increase by a mid-single-digit percentage. The company said for the full year it would benefit from increased sales, higher prices and a shift in consumer taste to more expensive beers.

  • Heineken's beer boost offset by higher aluminum costs
    Reuters

    Heineken's beer boost offset by higher aluminum costs

    Heineken NV on Monday missed estimates for first-half profits, as higher packaging costs offset increased beer sales, but the world's second-largest brewer stuck with its full-year profit growth forecast. The Dutch maker of Heineken, Europe's top-selling lager, said operating profit before one-offs would rise by a mid-single-digit percentage in 2019 after a slim 0.3% increase in the Jan-June period. The company said it would benefit this year from increased sales, higher prices and a consumer shift to more expensive beers.

  • Moody's

    Heineken N.V. -- Moody's announces completion of a periodic review of ratings of Heineken N.V.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Heineken N.V. Milan, July 23, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Heineken N.V. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Interested In Heineken N.V. (AMS:HEIA)? Here's How It Performed Recently
    Simply Wall St.

    Interested In Heineken N.V. (AMS:HEIA)? Here's How It Performed Recently

    Examining Heineken N.V.'s (AMS:HEIA) past track record of performance is a valuable exercise for investors. It enables...

  • Why This Year’s Biggest IPO Didn’t Happen
    Bloomberg

    Why This Year’s Biggest IPO Didn’t Happen

    (Bloomberg Opinion) -- Anheuser-Busch InBev NV blamed market conditions for its decision to pull what would have been the world’s biggest initial public offering this year. Yet the brewer should take at least some responsibility. This concoction was far too frothy for investors when Asian economies face an array of sobering realities.AB InBev said it will no longer proceed with the IPO of its Asia-Pacific business, Budweiser Brewing Company APAC Ltd., which had been aiming to raise as much as $9.8 billion in Hong Kong. The company’s American depositary receipts fell as much as 4.9% in New York before closing down 3% on Friday.The offering valued Budweiser Brewing between 15.5 times and 18.2 times earnings before interest, tax, depreciation and amortization – well above the multiples for Carlsberg A/S and Heineken NV, and a premium to shares of the parent. The price range of HK$40 to HK$47 ($5.11 to $6.01) a share would have resulted in a market capitalization of $54.2 billion to $63.7 billion.You can hardly blame investors for wanting to sit this one out. The U.S.-China trade war is at an impasse and the ripples are widening. Singapore, a bellwether for global trade, on Friday  posted its sharpest growth decline since 2012. While the Federal Reserve has signaled that interest rate cuts are coming, which has buoyed U.S. stocks, that's also driving a wedge between the world’s biggest economy and the rest.This split is perhaps nowhere more apparent than the IPO market. Listings in the U.S. are on track for their best year since 2014. Hong Kong, the top destination last year, is languishing by comparison, after a series of high-profile bloopers including smartphone maker Xiaomi Corp. in July 2018 and food-delivery giant Meituan Dianping in September. As I’ve argued, reclaiming that crown will be an uphill battle; and now Hong Kong is facing competition from Shanghai for tech IPOs.  Alibaba Group Holding Ltd.’s secondary listing plan is a ray of light – but this latest kerfuffle could dim any optimism.Against this dismal backdrop, it’s little wonder things went south. Yet it’s a mistake to overlook AB InBev’s own missteps. For one thing, the company marketed itself as a purveyor of high-end beer, taking cues from Chinese consumers’ growing taste for foreign brands and craft labels. Perhaps its price range doesn’t look so out of whack when you consider the country's brewers trade anywhere between 15 times and 21 times, according to Bloomberg data. Yet investors just weren't convinced that demand would hold up in a slowing economy. The company’s China pitch also ignored mature markets like South Korea and Australia, which make up around half of Budweiser Brewing’s Ebitda, according to Bernstein Research. Then there’s the fact that growing a brand in Asia's fragmented market is easier said than done. India, where whiskey is the traditional tipple of choice, and Southeast Asia could have been fertile ground for expansion. One argument for an Asia IPO was that Budweiser Brewing would benefit from local tie-ups. Would the Thai tycoon who owns Vietnam’s top brewer, Sabeco Trading Corp., or the magnate that controls the Philippines’ San Miguel Corp. really cede control to the Belgian brewer for a piece of the Hong Kong listing? I’m unconvinced.The fatal flaw, however, may have been AB InBev’s hubris. In deciding against a  cornerstone investor tranche, the company eschewed a fixture of Hong Kong’s IPO market. It turns out investors really do like the comfort of  big names that pledge to hold stock – even if the practice ties up a lot of liquidity. Had Budweiser’s listing succeeded, it would have been a win for market reform, too. With such a bubbly valuation, AB InBev may have thought its investors were wearing beer goggles. Whether the brewer can make a dent in that $103 billion net debt from its purchase of SABMiller looks a lot less certain after a cold shower and pot of black coffee.To contact the author of this story: Nisha Gopalan at ngopalan3@bloomberg.netTo contact the editor responsible for this story: Rachel Rosenthal at rrosenthal21@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Nisha Gopalan is a Bloomberg Opinion columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Bloomberg

    Budweiser’s IPO Failure Would Be a Big Strategic Blow

    (Bloomberg Opinion) -- There’s a staring contest going on between Anheuser-Busch InBev NV and investors in initial public offerings. At issue is the price of the jumbo IPO of the Belgian brewer’s Asian business. Unfortunately for AB InBev, investors have the harder gaze.The deal is struggling to get priced, and its arrangers may revise the terms, Bloomberg News reported Friday. This is going to be a tense weekend – Monday is the deadline for the shares to be sold.It’s not hard to see why there’s a standoff. AB InBev knows that Budweiser Brewing Company APAC Ltd is an attractive asset. With an approximate $60 billion market value, it could be a large, liquid stock. It has a unique expansion story with strong organic growth supplemented by likely M&A. Hence AB InBev set a very punchy price range.But to get big deals done you have to entice enough buyers. And investors have one advantage: Their need to buy is less than AB InBev’s necessity to sell.While one benefit of the deal is that the proceeds would bring down the giant brewer’s leverage, this is not the main upside. Raising $8 billion to $10 billion is only going to dent net debt that stood at $103 billion on Dec. 31 (almost 5 times trailing Ebitda).The real bonus for AB InBev – as Duncan Fox of Bloomberg Intelligence says – would be securing an acquisition currency to do deals in Asia without potentially taking its leverage back up again. Net debt hit 6.7 times Ebitda after the 2016 purchase of SABMiller.AB InBev isn’t the only European brewer seeking Asian growth. Heineken NV is breathing down its neck with a partnership with China Resources Beer Holdings Co. and Carlsberg A/S has a thirst for the region too. There will be a real opportunity cost in failing to get the IPO away if AB InBev’s rivals are able to outbid it for attractive assets in the coming year.Of course, AB InBev isn’t totally constrained. It could yet turn to bond investors to fund further M&A. The debt markets are favorable – some of the Belgian company’s bonds are yielding even less than 1%. Still, gearing up is an unattractive option when leverage is already high.The number of global IPOs surged in the last three months, including in Asia, so it would look odd if this one doesn’t make it. Meanwhile, the brewer’s Asian staff expect to become part of a new separate company. Failure to get the deal done won’t help morale. Taken together, this puts the onus on AB InBev to get plan A away and secure the acquisition currency rather than fighting over the last cent of value here. And investors know it.To contact the author of this story: Chris Hughes at chughes89@bloomberg.netTo contact the editor responsible for this story: James Boxell at jboxell@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Chris Hughes is a Bloomberg Opinion columnist covering deals. He previously worked for Reuters Breakingviews, as well as the Financial Times and the Independent newspaper.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Heineken taps Andy Roddick for zero-alcohol beer campaign
    Yahoo Finance Video

    Heineken taps Andy Roddick for zero-alcohol beer campaign

    Heineken was the official brand sponsor for U.S. Open for the 28th year, and used the tournament to promote its zero-alcohol beer. Yahoo Finance's Dan Roberts talks to Kristin Myers and Heidi Chung about his discussion with Heineken CMO Jonny Cahill at the tournament about the marketing campaign, which used two long-retired athletes.