Heineken: profit targets refined for 2024

(CercleFinance.com) - On its interim publication, Heineken said that it now expects organic growth in adjusted net profit (beia) for 2024 to be more in line with that of adjusted operating profit, which is now expected to be between 4% and 8%.


Again on an adjusted basis, the Dutch brewer posted net profit of E1.2bn (or E2.15 per share) and operating profit of E2.08bn for H1, with organic growth of 4.4% and 12.5% respectively.

At just over E14.8bn, net revenues were up 6% organically, including a 4.3% increase per hectoliter, while beer volumes were up 2.1% organically, including a 9.2% rise for the Heineken brand.


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