- Heineken’s first half adjusted net revenue was €14.18 billion, nearly meeting the estimate of €14.19 billion.
- The Americas adjusted operating margin was 15.8%, slightly below the estimate of 16.2%.
- An interim dividend of €0.74 per share was announced.
- In the second quarter, total beer volume reached 62.3 million hectoliters, just under the estimate of 62.78 million hectoliters.
- European beer volumes were 21.7 million hectoliters, slightly below the estimated 22.05 million.
- The Americas’ beer volumes hit 21.6 million hectoliters, close to the expected 21.65 million.
- Heineken’s full-year outlook remains the same, with an expected organic growth in operating profit of 4% to 8%.
- The company credits its geographic distribution for managing macroeconomic challenges affecting consumer behavior.
- Profit growth benefitted from portfolio expansion and distribution gains, particularly in Vietnam, India, and China.
- In Europe, negotiations with retailers affected volumes temporarily but are seen as essential for sustainable growth.
- Heineken plans to focus investments on key opportunities, with expected gross savings set to exceed €0.5 billion by 2025.
- Analyst ratings show 20 buys, 6 holds, and 0 sells for Heineken.
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A look at Heineken NV Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Heineken NV, a renowned global beverage producer, seems to have a promising long-term outlook based on a range of factors. The company’s strong momentum score of 4 suggests positive market sentiment and potential for growth. This is complemented by solid scores in value and resilience, indicating a stable financial position and sound business fundamentals. Additionally, the neutral dividend score reflects a balanced approach to shareholder returns.
While Heineken NV may face some challenges in terms of growth, with a score of 2 in this area, its overall performance across the key Smart Scores paints a favorable picture for investors looking towards the future. As a leading player in the international beverage industry, specializing in beers, spirits, wines, and soft drinks under various well-known brands, Heineken NV appears well-positioned to capitalize on market opportunities and deliver value to its stakeholders.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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