HEINY - Heineken N.V.
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 46.01 |
| Open | 46.35 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 46.14 - 46.52 |
| 52 Week Range | 37.43 - 57.84 |
| Volume | 29,692 |
| Avg. Volume | 101,258 |
| Market Cap | 53.399B |
| Beta (5Y Monthly) | 0.73 |
| PE Ratio (TTM) | 22.49 |
| EPS (TTM) | 2.06 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.12 (2.43%) |
| Ex-Dividend Date | Apr 27, 2020 |
| 1y Target Est | 53.00 |
Fair Value
Related Research
- Reuters
A million beers await drinkers as Europe's bars reopen
As bars across Europe gradually reopen, up to a million free or pre-paid beers are waiting to lure back wary consumers. Beer makers from global giant Anheuser-Busch InBev to smaller craft brewers have set up schemes for consumers to buy drinks in advance to support shuttered bars with, in some cases, the reward of free beer when the doors reopen. AB InBev launched its first scheme "Cafe Courage" in Belgium and has since sold over 200,000 Stella Artois, Jupiler and other brands.
- 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, May 20, 2020 -- 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.
- GlobeNewswire
HEINEKEN Appoints new Chief Corporate Affairs and Transformation Officer
Amsterdam, 19 May 2020 - Heineken N.V. (HEINEKEN) today announces the appointment of Stacey Tank as Chief Corporate Affairs and Transformation Officer as of 1 June 2020. Ms..
- Reuters
Companies tap bond markets at record rate to ride out coronavirus downturn
Companies raised new debt on bond markets at a record rate in April, with European markets clocking up their busiest month for capital raising as firms scrambled to access money to see them through the coronavirus crisis. In Europe, investment grade-rated companies raised $83.2 billion in April, according to Refinitiv data, beating the last biggest month in 2009 as central banks stepped in to unblock credit markets frozen by panic over the coronavirus.
- GlobeNewswire
Heineken N.V. successfully prices €1.5bn billion of Notes today
Amsterdam, 29 April 2020 – Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) today announced that it has successfully placed €650 million of 13-year Notes with a coupon of 1.25% and.
- GlobeNewswire
HEINEKEN Announces Departure of Chief Corporate Affairs Officer
Amsterdam, 24 April 2020 – Heineken N.V. today announces that Blanca Juti, Chief Corporate Affairs Officer has decided to leave HEINEKEN on 1 June 2020, to pursue interests.
- GlobeNewswire
Heineken N.V. Annual General Meeting of Shareholders adopts all proposals
Amsterdam, 23 April 2020 - Heineken N.V. (HEINEKEN) announced today that its Annual General Meeting of Shareholders (AGM) has adopted all proposals on the agenda of the AGM. The.
- GlobeNewswire
Heineken N.V. reports on 2020 first quarter trading
Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) today publishes its trading update for the first quarter of 2020. By now, most countries where we operate have reacted by taking far-reaching containment measures such as restrictions of movement for populations and outlet closures, sometimes combined with the mandatory lockdown of production facilities.
- Bloomberg
In Lockdown, People Don't Reach for Premium Beers
(Bloomberg Opinion) -- Lockdowns around the world have stressed-out consumers reaching for their beer glasses. But a tipple after a hard day working from home isn’t enough to preserve the world’s big brewers from the ravages of the coronavirus. Social-distancing measures have decimated their most profitable market: selling beer in restaurants, pubs and clubs.Anheuser-Busch InBev NV underlined the pressures on Tuesday when it halved its proposed final dividend from 1 euro to 50 cents per share, saving about $1.1 billion. It's a sensible move, given that this crisis has hit the maker of Budweiser and Stella Artois particularly hard and at an especially difficult time. Its shares rose as much as 4.4%The company is facing challenges on several fronts, all of which are compounded by the hit from Covid-19. For a start, the $100 billion acquisition of SABMiller in 2016 left it with a mountain of debt. Before taking into account the dividend cut, Bernstein analyst Trevor Stirling estimates net debt of $86 billion will be 5.7 times Ebitda at the end of this year. Second, the company is highly dependent on emerging markets, where it gets about 60% of its profit. And yet important currencies including the Brazilian real and Mexican peso have fallen against the dollar, putting more pressure on earnings.This is the absolute worst time for any form of socializing to evaporate because it hurts sales of the more premium brands, such as AB InBev’s Michelob Ultra. It’s unlikely an upswing in drinking at home can compensate for a decline in sales at pubs and restaurants for any brewer. Beer in supermarkets tends to be bought when it is on special offer. And even at home, beer and alcohol consumption can be driven by sporting events, so decisions to postpone the European Football Championships and Olympics will hurt.Given this backdrop, AB InBev should have gone further and canceled its final dividend altogether. True, another $1 billion wouldn’t have made a huge difference, and may have irritated the group’s big shareholders, tobacco giant Altria Group Inc. and Colombia’s Santo Domingo family. But it should have erred on the side of caution anyway.It’s a choice the company has faced before, and now it’s clear that AB InBev should have been more radical when it decided in October 2018 to halve its annual payout, from 3.6 euros to 1.8 euros, saving about $4 billion. At the time, the company described this as steering a middle course between maintaining and shelving the dividend.But Covid-19 makes the middle an even more painful place to be. AB InBev should not lose this latest opportunity, when it announces interim results in July, or sooner, to reset its dividend policy, and cancel the payout altogether.While lockdowns should ease later in the year, there’s no guarantee that the things that drive beer consumption, from big concerts and sporting events to local pub life, will come back quickly. And when they do, people around the world may still be reluctant to visit crowded venues. And that’s before any impact from a broader economic downturn. Thrifty consumers may continue to trade down to cheaper brews.It’s this uncertain future that calls for caution. Yes, AB InBev is good at controlling spending. And things are looking up on its debt load. It recently raised about $11 billion of bonds to bolster liquidity. Debt has an average maturity of 14 years, so there shouldn’t be any immediate cash crunch. But the recent pressures on trading do raise questions about whether it should continue to have about $128 billion of goodwill on its balance sheet.When AB InBev bought SABMiller, rival brewers risked becoming Megbrew roadkill. Today, with stronger balance sheets, Heineken NV and Carlsberg A/S look better placed to weather the Covid-19 crisis. It’s time for AB InBev to make some hard choices.This column does not necessarily reflect the opinion of Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Barrons.com
EU Beverage Makers Will See a Slow Recovery, Even After Coronavirus Becomes Less Fearful, Says Jefferies
Even when consumers have gotten the all-clear over coronavirus, beverage makers in Europe will remain behind the curve for awhile.
- Simply Wall St.
Interested In Heineken N.V. (AMS:HEIA)? Here's What Its Recent Performance Looks Like
For investors with a long-term horizon, assessing earnings trend over time and against industry benchmarks is more...
- GlobeNewswire
HEINEKEN announces its response to Covid-19 and donates to the Red Cross
HEINEKEN announced today the measures it has been taking since the beginning of the Covid-19 outbreak to support the health and livelihood of employees and communities in which it operates, and announces it is donating to the Red Cross to support the most vulnerable. In this unprecedented situation, at HEINEKEN we have been following from the start of the outbreak three guiding principles: First, the health, safety and trust of our people is of paramount importance. For its people: to support the health and safety of its employees, the company is ensuring that those employees, who work in production and distribution, follow strict hygiene and social distancing guidelines and receive support to do their jobs safely.
- GlobeNewswire
Heineken N.V. withdraws all guidance for 2020 due to Covid-19
Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) today issued the following statement. This constitutes a major negative macro-economic development and as such it is having a significant impact on HEINEKEN’s markets and on its business in 2020. In these very trying times, HEINEKEN’s priority is to ensure the health and welfare of its employees, customers, and business partners.
- Reuters
Malaysia lets Heineken resume operations amid virus curbs, draws ire
Malaysia's move to allow Heineken to resume operations during month-long curbs on travel and non-essential business boosted the brewer's shares on Monday but drew anger from government and opposition lawmakers in the Muslim-majority nation. Heineken Malaysia Bhd said on Sunday it recently received approval to resume limited operations with a minimal number of workers during the restrictions, which run until April 14. Malaysia has so far reported 3,662 coronavirus infections, the highest in Southeast Asia, and has suffered 61 deaths.
- Reuters
Mexico without Corona: Brewers suspend production during pandemic
Mexicans fretted about beer supplies on Friday after Dutch brewer Heineken said it will suspend production at its seven plants in Mexico to comply with coronavirus containment measures, following a similar announcement by rival Modelo. On Twitter, the phrase "MexicoSinCerveza," or Mexico without beer, was trending on Friday. Heineken Mexico, which employs 16,000 workers, said its decision was a response to the government's decision to halt non-essential economic activity to contain the new coronavirus.
- GlobeNewswire
HEINEKEN appoints new Regional Presidents for Europe and Asia Pacific
Amsterdam, 26 March 2020 - Heineken N.V. today announces the appointments of Soren Hagh as President of the Europe region and Jacco van der Linden as President of the Asia.
- GlobeNewswire
Heineken N.V. successfully prices €1.4bn billion of Notes today
Amsterdam, 25 March 2020 - Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) today announced that it has successfully placed €600 million of 5-year Notes with a coupon of 1.625% and.
- Bloomberg
Spain Sells $11 Billion of Debt, No Problem at All
(Bloomberg Opinion) -- Nothing says funding is not a problem during this crisis than a 10 billion-euro ($11 billion) debt issue. Spain, in a state of emergency because of the coronavirus, achieved this on Tuesday with a seven-year bond sale that attracted more than 36 billion euros of orders.The country was one of 11 high-grade borrowers testing the waters in what was the busiest day of the month for bond sales and the fourth-busiest of the year. This week’s volumes have already surpassed the total of the first three weeks of March, when the outbreak really suppressed supply. Wednesday is set to be even bigger.Raising such a jumbo deal did mean Spain had to offer a yield that was 18 basis points higher than an existing, slightly shorter seven-year bond. Its last syndicated issue, earlier this year, came with a lower yield than its existing debt. However, the world has changed profoundly and issuers have to be prepared to dangle a carrot to entice investor demand. In the circumstances, this wasn’t much of a premium for investors.A similar phenomenon was also evident for the European Investment Bank, whose three-year bond deal came at an 11 basis-point premium to its existing equivalent. Likewise, premiums were in evidence Monday for new deals from the German States of Bavaria and Saxony-Anhalt. Though, again, they weren’t huge, which shows how desperate investors are to find somewhere to put their money.Corporate deals are making a comeback too: Unilever NV and Engie SA last week followed the trend for higher yields. Company issuance has seen the biggest decline in the bond market this year, unsurprisingly give the business shutdowns, running nearly 20% behind last year's pace. Coca Cola European Partners, Sanofi and Nestle SA all came to the market with multi-tranche issues on Tuesday, illustrating the improvement in conditions. Heineken NV, Danaher Corp. and Carrefour SA were doing benchmark euro deals on Wednesday.The European Central Bank can breathe a bit easier as its 1 trillion euros of quantitative easing planned for the rest of this year is starting to take effect. As there will be considerable emphasis on its corporate sector purchasing program, many of the new investment grade deals should benefit from being scooped up by the ECB, if they’re from Europe-based issuing entities.Wednesday has also seen the return of major banks with Lloyds Banking Group Plc, HSBC Holdings Plc, and Goldman Sachs Group Inc. all bringing euro deals. Credit spreads (the yield on corporate debt relative to sovereign benchmarks) have ballooned since late February, offering better returns for investors than government bonds if they have cash to put to work. Those spreads will start to narrow, but the virus has created a new paradigm, whereby a decent new-issue premium is essential to a successful deal. Normality is returning to European debt capital markets, but the heady days of super-tight credit spreads and incredibly low non-core government bond yields look to be over.This column does not necessarily reflect the opinion of Bloomberg LP and its owners.Marcus Ashworth is a Bloomberg Opinion columnist covering European markets. He spent three decades in the banking industry, most recently as chief markets strategist at Haitong Securities in London.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Reuters
Heineken to pour $183 million into expansion in Brazil
Heineken NV <HEIN.AS> will invest 865 million reais ($183.14 million) to expand its Ponta Grossa brewing plant in Brazil, the company said on Monday, as competition between the world's two largest beer makers bubbles up. The Dutch brewer will make the investment this year and next and focus on it Heineken and Amstel brands at the third-largest brewing facility in Parana state in Brazil, its most important market worldwide. The company did not give details of the expansion plan, stating only that production would rise by 75%.
- Simply Wall St.
Should You Be Tempted To Sell Heineken N.V. (AMS:HEIA) Because Of Its P/E Ratio?
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...
- GlobeNewswire
HEINEKEN announces Executive Team appointments
Amsterdam, 4 March 2020 - Heineken N.V. today announces the appointment of a new Chief Supply Chain Officer and the company’s first Chief Digital and Technology Officer..
- GlobeNewswire
Heineken N.V. publishes combined financial and sustainability annual report 2019 and launches new company website
Amsterdam, 21 February 2019 - Heineken N.V. today published its combined financial and sustainability annual report on its new company website www.theheinekencompany.com Key.
- GuruFocus.com
Heineken Shows Positive Growth for 2019
Brewer's growth came primarily from emerging markets Continue reading...
- Benzinga
Heineken CEO Talks Beer Trends And More
Beer company Heineken (OTC: HEINY ) has shown investors top-line growth over the past few years by following a simple recipe: giving more choice to the consumer, company CEO Jean-Francois van Boxmeer told ...
- Bloomberg
Shopify Shares Soar After Reporting Almost 50% Revenue Jump
(Bloomberg) -- Shopify Inc. reported fourth-quarter revenue that topped analysts’ estimates and gave an optimistic forecast for this year, boosted by holiday shopping and add-on services such as payment and marketing tools. The shares surged the most in almost four years.Sales grew by 47% to $505.2 million in the quarter, Ottawa-based Shopify said in a statement Wednesday. Analysts expected $481.6 million, according to data compiled by Bloomberg. For 2020, Shopify said it sees revenue of $2.13 billion to $2.16 billion, compared with analysts’ projection for $2.12 billion.The key metric of gross merchandise volume, which represents the value of all goods sold on the platform, increased 47% from a year earlier. Over the Black Friday/Cyber Monday holiday weekend, merchants on Shopify’s platform, which now number more than 1 million, made more than $2.9 billion in sales, up from $1.8 billion a year earlier, according to the company.The New York-listed shares jumped as much as 15.5% at 9:30 a.m. Wednesday, to a new record of $569.10.The stock has risen more than 70% from November, boosted by the pace of revenue growth and amid optimism for a fulfillment center plan announced last year. Shopify said in June that it will invest $1 billion in facilities over five years to help merchants on its platform deliver products quickly and easily, following a path blazed by Amazon.com Inc. A few months later, Shopify made its biggest acquisition yet, paying $450 million for 6 River Systems, a warehouse robotics company.Shopify helps businesses open their own digital stores across multiple channels, including social media, through its platform. The company also provides point-of-sale services in brick-and-mortar stores, competing with Square Inc.The company also swung to a profit in the fourth quarter, reporting $771 million, compared with a loss of $1.5 billion a year earlier. Profit excluding some costs was 43 cents a share in the quarter, beating analysts’ projection for 24 cents.“Shopify’s 4Q 2019 performance was impressive in our view,” said Anthony Chukumba, an analyst at Loop Capital Markets, in a note following the results. “We were particularly encouraged by the gross merchandise volume (GMV) growth, which further demonstrates how Shopify is ‘democratizing commerce’ and providing value to its merchants.”Besides fulfillment centers, the company has rolled out tools such as chat and email, as well as video and 3D modeling for products to help merchants improve marketing and build direct relationships with buyers. Such investments combined with the company’s push to capture international markets could prevent any significant margin expansion in 2020, said Anurag Rana, a senior analyst with Bloomberg Intelligence, in a Feb. 5 note.Chief Financial Officer Amy Shapero acknowledged on an earnings call that 2020 is “clearly a year of heavy investment” for Shopify, but the company expects to see strong growth from the resulting increase in clients and gross merchandise volume, she added.Shopify said it expects an operating loss in the range of $324 million to $344 million in 2020.While it mainly caters to small and medium businesses, Shopify also counts high-profile brands such as Gatorade, Aerosoles, Victoria Beckham Beauty, Heineken, and SpaceX. Shopify Plus, a segment geared toward companies with high sales volumes, has been key to attracting such larger brands. Shopify Plus contributed 27% of the company’s overall monthly recurring revenue, compared with 25.4% in the same quarter last year.To contact the reporter on this story: Nikitha Sattiraju in New York at nsattiraju@bloomberg.netTo contact the editors responsible for this story: Molly Schuetz at mschuetz9@bloomberg.net, Jacqueline ThorpeFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
