|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||105.24 - 105.90|
|52 Week Range||84.55 - 108.73|
|Beta (3Y Monthly)||0.70|
|PE Ratio (TTM)||25.75|
|Forward Dividend & Yield||2.26 (2.14%)|
|1y Target Est||N/A|
Heineken unveiled plans to spend a record amount on transforming dozens of its pubs in the UK as the Dutch brewer searches for growth opportunities in a mature market even as the prospect of Britain leaving the EU looms. The world’s second largest brewer said on Thursday it will spend £50m this year on 150 pubs, raising its investment in hundreds of its Star Pubs & Bars businesses over the past six years to about £200m. Its 2019 investment will be the most the brewer has ever spent on UK pubs in one year as, according to a company spokesperson, it sees the “value in bigger, bolder” projects.
Dutch brewer Heineken has reported an increase in beer volumes in all regions, driven in particular by double-digit growth in Africa, Middle East and eastern Europe, but maintained its mid-single digit growth outlook for the full year. “We see Heineken in the sweet spot of growth given its attractive footprint and market share momentum, accompanied by a continued productivity drive,” said Edward Mundy and Elsa Hannar, equity analysts at Jefferies.
Investment company Morgan Stanley Institutional Global Franchise Fund buys Baxter International Inc, Heineken NV during the 3-months ended 2018Q4, according to the most recent filings of the investment ...
Brazilian brewer Brahma was the first foray into the consumer product manufacturing industry by Jorge Lemann, Marcel Telles, and Carlos Sicupira, the leaders of the private equity group now known as 3G. In 2000, they merged Brahma with Antarctica of Argentina, creating Ambev ABEV. The company has gone on to roll up brewers throughout Central and South America and holds several monopolylike positions in large markets, including 81% volume share in Argentina, 68% in Brazil, and 61% in Peru.
Anheuser-Busch InBev, Molson Coors Brewing, Heineken and Constellation Brands had been discussing teaming up for a national ad campaign to revive lagging U.S. beer sales. AB InBev's Super Bowl ad for Bud Light targeted two of Molson Coors' beers for using corn syrup.
A fight between America’s two biggest brewers is jeopardizing a proposed “Got Milk?”-style campaign intended to help struggling beer makers win back drinkers who have defected to wine and spirits. Anheuser-Busch InBev SA, Molson Coors Brewing Co., Heineken NV and Constellation Brands Inc. have for over a year discussed a potential multimillion-dollar, brand-agnostic campaign aimed at improving the overall health of the beer category. The rift began when AB InBev ran three Super Bowl TV ads earlier this month highlighting MillerCoors’s use of corn syrup in Coors Light and Miller Lite.
Heineken said it now receives 15% of its electric and thermal energy from renewables as it works toward 70% renewable power by 2030.
Heineken made a net profit for the year of 1.90 billion euros ($2.15 billion), compared with EUR1.94 billion a year earlier, on revenue that rose to EUR22.47 billion from EUR21.61 billion and against consensus forecasts of EUR22.49 billion, according to figures taken from the company’s website and based on data compiled by Vuma. The Dutch brewer made an adjusted operating profit--its preferred metric which strips out exceptional and other one-off items--of EUR3.87 billion, compared with EUR3.76 billion in 2017 and consensus forecasts of EUR3.84 billion, also taken from the company’s website. It said adjusted operating profit for 2019 is expected to grow by mid-single digits on an organic basis.
BRASILIA/SAO PAULO (Reuters) - Brazil's annual Carnival street parties are being probed for awarding exclusive contracts to certain breweries, possibly limiting competition and driving up revelers' beer tabs, anti-trust agency Cade said on Monday. A Finance Ministry report last year named Ambev SA, Latin America's largest brewer, and Heineken NV's Amstel among the companies that have made deals with city governments to supply beer at Carnival. Cade has requested that a long list of cities, including Rio de Janeiro, report back on their procedures for awarding such deals by Friday, newspaper O Estado de S.Paulo reported.
Nov 4 (Reuters) - Heineken Nv: * HEINEKEN AND CHINA RESOURCES SIGN DEFINITIVE AGREEMENTS TO JOIN FORCES IN CHINA * SIGNED DEFINITIVE AGREEMENTS WITH CHINA RESOURCES ENTERPRISE AND CHINA RESOURCES BEER ...
Heineken NV, the world's second largest brewer, increased beer sales in all four of its global regions in the third quarter and said it stuck to its full-year outlook. The Dutch maker of Heineken, Europe's top-selling lager, as well as Tiger, Sol and Strongbow cider, said on Wednesday its consolidated beer volumes rose by 4.6 percent year-on-year to 62.6 million hectolitres in the July-September period. The figure was broadly in line with analysts' average expectation in a Reuters poll of 62.5 million hectolitres.
Heineken will introduce Heineken 0.0, a nonalcoholic beer, nationwide in January. Heineken thinks it can reinvigorate the category if it can give people more opportunities to drink beer. Heineken HEIA-NL will soon launch a nonalcoholic version of its namesake beer in the U.S. as consumers seek out healthier options.
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The U.S. International Trade Commission said on Wednesday it would investigate whether certain Anheuser Busch InBev NV (ABI.BR) beverage dispensing systems and components infringe a Heineken NV (HEIN.AS) patent. Heineken alleges that the importation and sale of the systems and components violate section 337 of the Tariff Act of 1930 and has requested that the USITC issue a "limited exclusion order and cease and desist orders," the commission said in a statement.
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