|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||93.72 - 95.86|
|52 Week Range||74.28 - 104.00|
|Beta (3Y Monthly)||0.63|
|PE Ratio (TTM)||28.44|
|Forward Dividend & Yield||1.65 (1.71%)|
|1y Target Est||92.35|
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.
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.
(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 email@example.comTo contact the editors responsible for this story: Eric Pfanner at firstname.lastname@example.org, John LauermanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Amsterdam, 23 October 2019 – Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) today publishes its trading update for the third quarter of 2019. KEY HIGHLIGHTS Beer volume +2.3%.
The premium beer segment in China is fast-growing and highly profitable. Can China Resources Beer Holdings Co Ltd capture more of it?
Amsterdam, 5 August 2019 – Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) issues the following technical announcement: 2018 FULL YEAR BEIA METRICS (RESTATED FOR IAS 37)1.
Merger and earnings news stirred European stocks on Monday, with broader markets quiet ahead of a key U.S. interest-rate decision.
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 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.
Amsterdam, 29 July 2019 – Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) announces: Net revenue (beia) organic growth +5.6%; net revenue (beia) per hectolitre.
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.
Examining Heineken N.V.'s (AMS:HEIA) past track record of performance is a valuable exercise for investors. It enables...