Independent Investment Research, The IDEA!

The IDEA!

Independent Investment Research

The Idea-Driven Equities Analyses company (the IDEA!) is an employee-owned boutique providing independent investment research and financial consultancy services with a clear focus on the Benelux countries. The company was founded in the summer of 2007 by Henk Slotboom and Maarten Verbeek, both with more than 35 years of professional experience in the financial sector. The IDEA! differentiates itself by focusing on adding value through self-initiated in-depth, idea-driven investment research, as well as by bespoke research assignments for institutional investors, hedge funds and private equity. In addition, we provide market intelligence, strategic research and – together with our business partners – consultancy services to businesses. In case you are interested in receiving more information, a sample of our products or an introductory meeting, please send a message to info@theidea.nl.

Equity Bottom-Up

<ul>
<li>Heineken has lost operational control and withdrawn its staff from its facilities in eastern Democratic Republic of Congo (“DRC”) due to an escalating conflict.</li>
<li>The company had suspended operations in March in the cities of Goma, Bukavu, and Uvira after its breweries and depots were attacked during clashes between the army and M23 rebels.</li>
<li>As of June 12, 2025, armed groups have seized its sites in Goma and Bukavu, prompting a full withdrawal.</li>
</ul>


Heineken has lost operational control and withdrawn its staff from its facilities in eastern Democratic Republic of Congo (“DRC”) due to an escalating conflict.
The company had suspended operations in March in the cities of Goma, Bukavu, and Uvira after its breweries and depots were attacked during clashes between the army and M23 rebels.
As of June 12, 2025, armed groups have seized its sites in Goma and Bukavu, prompting a full withdrawal.


What's News in Amsterdam - 23 June (Heineken | Consumer Confidence)

Value Investing

Vladimir Dimitrov, CFA

<ul>
<li>The recent decline in Carlsberg's share price do not seem to fully reflect the upcoming decline in Return on Capital's results.</li>
<li>The company underperforming its major peers, including asset impairments, lower volumes, sales and margins will likely overshadow this year's results, according to the company.</li>
<li>The past few years have been particularly hard for beer brewers. Pandemic lockdowns had a devastating impact on on-trade channels and now cost-push inflation is squeezing margins.</li>
</ul>


The recent decline in Carlsberg's share price do not seem to fully reflect the upcoming decline in Return on Capital's results.
The company underperforming its major peers, including asset impairments, lower volumes, sales and margins will likely overshadow this year's results, according to the company.
The past few years have been particularly hard for beer brewers. Pandemic lockdowns had a devastating impact on on-trade channels and now cost-push inflation is squeezing margins.


<ul>
<li>Following the pandemic lockdowns of 2020 and 2021, Heineken is now faced with rising commodity prices.</li>
<li>Although 2022 will most likely be yet another challenging year, Heineken is expanding its presence in key large markets such as China, India and Brazil.</li>
<li>At the same time, the company is better positioned than most of its peers to sustain its profitability through pricing measures, backed by its strong global brand portfolio.</li>
</ul>


Following the pandemic lockdowns of 2020 and 2021, Heineken is now faced with rising commodity prices.
Although 2022 will most likely be yet another challenging year, Heineken is expanding its presence in key large markets such as China, India and Brazil.
At the same time, the company is better positioned than most of its peers to sustain its profitability through pricing measures, backed by its strong global brand portfolio.


Heineken: What To Expect In 2022 And How I Am Positioning Myself

<ul><li>Heineken continues to perform well, in spite of its heavy exposure to on-trade channels in Europe.</li><li>Premiumization across key markets will be key for achieving higher valuation once lockdowns are past us.</li><li>China and Brazil are two of the most important growth markets for the Dutch brewer.</li></ul>

Heineken continues to perform well, in spite of its heavy exposure to on-trade channels in Europe.Premiumization across key markets will be key for achieving higher valuation once lockdowns are past us.China and Brazil are two of the most important growth markets for the Dutch brewer.

Netherlands

Heineken N.V. produces and distributes beverages internationally. The Company produces beers, spirits, wines, and soft drinks under various brand names.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Heineken NV (HEINY US)

What's News in Amsterdam - 23 June (Heineken | Consumer Confidence)

Heineken has lost operational control and withdrawn its staff from its facilities in eastern Democratic Republic of Congo (“DRC”) due to an...

The IDEA!

Carlsberg: A Challenging Year Ahead

The recent decline in Carlsberg's share price do not seem to fully reflect the upcoming decline in Return on Capital's results. The company...

Vladimir Dimitrov, CFA

Heineken: What To Expect In 2022 And How I Am Positioning Myself

Following the pandemic lockdowns of 2020 and 2021, Heineken is now faced with rising commodity prices. Although 2022 will most likely be yet...

Vladimir Dimitrov, CFA

Heineken - Looking Past The Pandemic

Heineken continues to perform well, in spite of its heavy exposure to on-trade channels in Europe. Premiumization across key markets will be key...

Vladimir Dimitrov, CFA

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)