Heineken Reports €744M H1 Profit Amid Global Revenue Shifts

Heineken reported strong financial performance in the first half of 2025, with net attributable profit soaring to €744 million from a loss the previous year, and adjusted net profit reaching €1.16 billion, surpassing expectations. Despite a 4.3% decline in net revenue to €14.18 billion, organic growth was positive at 2.1%, supported by increases in regions like Africa, the Middle East, Asia-Pacific, and a solid premium portfolio performance in Spain. Beer volumes declined slightly by 1.2%, partly due to protracted negotiations with European retailers impacting volumes, but these discussions were seen as necessary for sustainable future development. The company achieved significant cost savings exceeding €300 million in H1 and reiterated its full-year outlook of 4% to 8% organic growth in adjusted operating profit, attributing resilience to its diverse geographic presence and agile execution. Heineken also declared an interim dividend increase and remains confident in capturing growth opportunities despite macroeconomic headwinds and softer markets in the Americas. Analysts maintain a positive outlook on Heineken's stock, with strong buy recommendations and anticipated upside potential.