Heineken Holding NV

Heineken is targeting Vietnam, India and China as its key growth markets in Asia Pacific, with six of its 18 global lead markets based in the region, APAC President Jacco van der Linden said on Bloomberg's "Insight with Haslinda Amin." In Vietnam, Heineken posted double-digit volume, revenue and operating profit growth in the first half, with the Heineken brand growing in the 40s this year after 20% rates previously, though van der Linden said that pace is not sustainable. In China, where consumption tipped in 2015 toward drinking less but better, the premium segment is outpacing mainstream and economy, benefiting Heineken and more recently Amstel through its long-term strategic partnership with China Resources. Rising fuel costs tied to the Iran war are pushing up input costs in Asia, where Heineken is more dependent on Middle East oil, and the company is passing 70 to 80% of inflation on to consumers while improving productivity 3-4% year-on-year. Van der Linden cited geopolitical tensions and the predictability of regulation and taxation as the biggest risks, and said Heineken continues to invest and expand in the region, including at its biggest APAC brewery in Vung Tau, Vietnam.

Drinkworks, part of the Heineken company, and Kegstar have entered into a new multi-year agreement under which Drinkworks will use Kegstar's pooled keg network to support its growing production and distribution across Australia and New Zealand. The deal extends a long-standing relationship between the two companies and covers Drinkworks' continued volume and portfolio growth. Kegstar is the region's largest keg pooling provider and has added close to an extra 100,000 kegs to its fleet over the past 18 months. Drinkworks General Manager Stephen Hopkins said the contract extension gives the company confidence as it grows its portfolio and reaches more customers, while Kegstar Australia and New Zealand General Manager Ben Phipps said the agreement positions both organisations for continued growth. Drinkworks, which represents brands including Stella Artois, Strongbow, Tiger and Birra Moretti, said the extension reflects a shared focus on operational efficiencies and value to the hospitality industry.

Heineken has disclosed fresh details on the second €750 million tranche of its €1.5 billion share buyback, covering recent repurchases made on exchange and from Heineken Holding. The brewer's shares recently traded at €71.70, a level well below the €89.31 fair value cited in the most-followed analyst narrative, which sees the stock as 20% undervalued. Heineken has posted a 1-year total shareholder return of 12.45%, while its 3-year and 5-year total shareholder returns are both in decline, suggesting recent momentum has improved but remains weaker over the longer stretch. Investors are weighing the buyback activity alongside reports of a possible Stonegate pub acquisition. The bull case rests on continued portfolio premiumization, including strong performance of global brands Heineken, Amstel, and extensions such as Heineken Silver and 0.0, which supports higher average selling prices and improved profitability. Risks to that view include currency swings hitting reported earnings and mature European beer demand weakening faster than expected.

Heineken Holding N.V. has reported transactions under the second tranche of its share buyback programme, which is part of a larger programme of up to approximately €750 million. From 31 August to 4 September 2026, the company repurchased 168,706 shares at an average price of €67.99. Up to and including 4 September, a total of 3,407,154 shares were repurchased under this tranche for a total consideration of €222,829,913. The company publishes weekly updates on its website every Monday.

Heineken N.V. has reported the progress of transactions under its current share buyback programme, specifically the second €750 million tranche of its €1.5 billion buyback. From 24 August to 28 August 2026, the company repurchased 169,000 shares on exchange at an average price of €72.53, and an additional 169,030 shares from Heineken Holding N.V. Up to and including 28 August, a total of 6,510,308 shares have been repurchased under the second tranche for a total consideration of €460,703,460, including shares from Heineken Holding. Heineken publishes weekly updates on the programme's progress every Monday on its website.

Heineken's first-half organic operating profit climbed 6.7%, more than double the roughly 3.3% analysts had expected, as the global brewing giant's restructuring plan passed the halfway mark with around 3,000 job cuts. Management now expects productivity savings to land near the top end of its 400 million to 500 million euro target. Incoming CEO Rafael Oliveira, who takes the helm in October, inherits a leaner business but still faces patchy beer demand across the Americas and cost pressures from geopolitical tensions and extreme weather. The shares trade at $45.81, about 2.2% below a GF Value of $46.86, suggesting the market has not fully priced in the improving execution.

Heineken reported a sharp increase in UK sales of its Cruzcampo and Murphy’s brands in the first half of 2026, as global profits rose following about 3,000 job cuts. The volume of Spanish lager Cruzcampo jumped more than 30% year-on-year, boosted by the launch of its Sevilla Orange flavour, while Irish stout Murphy’s doubled in volume driven by on-trade growth and the rollout of cans in shops. The brewer also highlighted a rebound in Foster’s sales and double-digit growth for premium cider Inch’s. Global revenues reached 17.56 billion euros, up 3.8% from the same period in 2025, and organic operating profit rose 6.7% to 2.17 billion euros. The job cuts were part of a restructuring plan to eliminate 5,000 to 6,000 roles over two years, aiming for cost savings at the top end of a 400 million to 500 million euro range.

Heineken Holding reported first-half profit to shareholders of 568 million euros, up from 380 million euros a year earlier. Earnings per share rose to 2.05 euros from 1.34 euros. On a beia basis, operating profit was 2.17 billion euros, an organic increase of 6.7 percent, and beia earnings per share climbed 11.6 percent to 2.29 euros. Net revenue reached 14.84 billion euros compared with 14.18 billion euros in the prior year, while beia revenue grew 2.4 percent to 17.55 billion euros.

Heineken N.V. reported its 2026 half-year results, delivering volume growth and robust profit delivery as its EverGreen 2030 strategy accelerates. Total volume increased 1.6%, with consolidated volume up 0.4% and licensed volume surging 23.2%. Net revenue on a BEIA basis grew 2.7% organically to €14,834 million, while operating profit rose 6.7% to €2,170 million, expanding the operating profit margin by 55 basis points to 14.6%. Diluted EPS on a BEIA basis reached €2.29, up 11.6% from €2.08 in the prior year. The company reduced full-time equivalents by approximately 3,000 in the first half, advancing planned organizational changes, and gross savings are on track at the top end of the €400–500 million range. Free operating cash flow was €1.4 billion, and the second tranche of the €1.5 billion share buyback program is on track. Heineken reiterated its full-year 2026 operating profit growth guidance of 2% to 6%.

Heineken N.V. reported the repurchase of 70,887 shares on exchange at an average price of €78.49 from 27 July to 31 July 2026, as part of the second €750 million tranche of its €1.5 billion share buyback programme. During the same period, 71,397 shares were repurchased from Heineken Holding N.V. Since the start of the second tranche, a total of 5,415,780 shares have been bought back for a total consideration of €380,126,406, including those acquired from Heineken Holding N.V. The company provides weekly updates on the programme's progress on its website.

Heineken N.V. has reported transaction details for the second €750 million tranche of its €1.5 billion share buyback programme. From 6 July to 10 July 2026, the company repurchased 145,321 shares on exchange at an average price of €75.93, and an additional 161,102 shares from Heineken Holding N.V. Cumulatively, 4,977,403 shares have been bought back under this second tranche for a total consideration of €346,379,532, including shares acquired from Heineken Holding N.V.

Heineken N.V. has reported transaction details for the second 750 million euro tranche of its 1.5 billion euro share buyback programme. From 6 July to 10 July 2026, the company repurchased 145,321 shares on exchange at an average price of 75.93 euros, and an additional 161,102 shares from Heineken Holding N.V. Since the start of the second tranche, total repurchases have reached 4,977,403 shares for a combined consideration of 346,379,532 euros, including those bought from Heineken Holding.

Heineken has appointed Rafael Oliveira as its next CEO, marking the first time the world's second-largest brewer has chosen an external leader. Oliveira, currently CEO of Dutch coffee and tea group JDE Peet's, will assume the role on October 1 pending shareholder approval at an August 5 extraordinary meeting. He succeeds Dolf van den Brink, who departed in May, and brings experience from Kraft Heinz and Goldman Sachs. The appointment signals a push for sharper execution and financial discipline as Heineken faces soft beer volumes and shifting consumer habits under its EverGreen 2030 strategy.