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Heineken Holding N.V. reports 2025 half year results

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Heineken Holding N.V. (OTCQX: HKHHY) has reported its 2025 half-year results, demonstrating solid profit growth across its global operations. The company achieved net revenue organic growth of 2.1% and revenue of �16,924 million. While beer volume showed an organic decline of 1.2%, the flagship Heineken® brand volume grew by 4.5%.

The company reported an operating profit of �1,433 million, with operating profit (beia) showing organic growth of 7.4%. The net result of Heineken Holding N.V.'s participating interest in Heineken N.V. amounted to �380 million. The company maintains its full-year outlook, expecting operating profit (beia) to grow organically between 4% to 8%.

[ "Operating profit (beia) showed strong organic growth of 7.4%", "Heineken® brand volume grew by 4.5%", "Net revenue per hectolitre increased by 3.3%", "Company maintains positive full-year guidance of 4-8% organic operating profit growth" ]

Heineken Holding N.V. (OTCQX: HKHHY) ha comunicato i risultati del primo semestre 2025, mostrando una solida crescita dei profitti nelle sue operazioni globali. L'azienda ha registrato una crescita organica del fatturato netto del 2,1% e un fatturato di �16.924 milioni. Sebbene il volume di birra abbia mostrato un calo organico dell'1,2%, il volume del marchio di punta Heineken® è cresciuto del 4,5%.

La società ha riportato un utile operativo di �1.433 milioni, con un utile operativo (beia) che ha mostrato una crescita organica del 7,4%. Il risultato netto della partecipazione di Heineken Holding N.V. in Heineken N.V. è stato di �380 milioni. L'azienda mantiene le previsioni per l'intero anno, prevedendo una crescita organica dell'utile operativo (beia) compresa tra il 4% e l'8%.

  • L'utile operativo (beia) ha mostrato una forte crescita organica del 7,4%
  • Il volume del marchio Heineken® è cresciuto del 4,5%
  • Il ricavo netto per ettolitro è aumentato del 3,3%
  • L'azienda mantiene una previsione positiva per l'intero anno con una crescita organica dell'utile operativo tra il 4% e l'8%

Heineken Holding N.V. (OTCQX: HKHHY) ha informado sus resultados del primer semestre de 2025, demostrando un sólido crecimiento de beneficios en sus operaciones globales. La compañía logró un crecimiento orgánico de los ingresos netos del 2,1% y unos ingresos de �16.924 millones. Aunque el volumen de cerveza mostró una disminución orgánica del 1,2%, el volumen de la marca principal Heineken® creció un 4,5%.

La empresa reportó un beneficio operativo de �1.433 millones, con un beneficio operativo (beia) que mostró un crecimiento orgánico del 7,4%. El resultado neto de la participación de Heineken Holding N.V. en Heineken N.V. ascendió a �380 millones. La compañía mantiene sus perspectivas para todo el año, esperando que el beneficio operativo (beia) crezca orgánicamente entre un 4% y 8%.

  • El beneficio operativo (beia) mostró un sólido crecimiento orgánico del 7,4%
  • El volumen de la marca Heineken® creció un 4,5%
  • Los ingresos netos por hectolitro aumentaron un 3,3%
  • La empresa mantiene una guía positiva para todo el año con un crecimiento orgánico del beneficio operativo entre el 4% y el 8%

하이네켄 홀� N.V. (OTCQX: HKHHY)� 2025� 상반� 실적� 발표하며 � 세계 사업에서 견고� 이익 성장� 보였습니�. 사� 순매� 유기� 성장� 2.1%16,924백만 유로� 매출� 기록했습니다. 맥주 판매량은 유기적으� 1.2% 감소했으�, 대� 브랜드인 Heineken® 브랜� 판매량은 4.5% 증가했습니다.

사� 영업이익 14� 3,300� 유로� 보고했으�, 영업이익(beia)은 7.4%� 유기� 성장� 나타냈습니다. 하이네켄 홀� N.V.가 보유� 하이네켄 N.V. 지분의 순이익은 3� 8,000� 유로� 달했습니�. 사� 연간 전망� 유지하며, 영업이익(beia)� 유기적으� 4%에서 8% 사이� 성장� 기대하고 있습니다.

  • 영업이익(beia)은 7.4%� 강한 유기� 성장� 보임
  • Heineken® 브랜� 판매량은 4.5% 증가
  • 헥토리터� 순매출이 3.3% 증가
  • 사� 연간 가이던스를 유지하며 4~8%� 유기� 영업이익 성장 전망

Heineken Holding N.V. (OTCQX : HKHHY) a publié ses résultats semestriels 2025, montrant une solide croissance des bénéfices à l’échelle mondiale. La société a réalisé une croissance organique du chiffre d’affaires net de 2,1% et un chiffre d’affaires de 16 924 millions d’euros. Bien que le volume de bière ait diminué organiquement de 1,2%, le volume de la marque phare Heineken® a augmenté de 4,5%.

La société a déclaré un résultat opérationnel de 1 433 millions d’euros, avec un résultat opérationnel (beia) affichant une croissance organique de 7,4%. Le résultat net de la participation de Heineken Holding N.V. dans Heineken N.V. s’est élevé à 380 millions d’euros. La société maintient ses prévisions annuelles, s’attendant à une croissance organique du résultat opérationnel (beia) comprise entre 4 % et 8 %.

  • Le résultat opérationnel (beia) a montré une forte croissance organique de 7,4 %
  • Le volume de la marque Heineken® a augmenté de 4,5 %
  • Le revenu net par hectolitre a augmenté de 3,3 %
  • La société maintient ses prévisions positives pour l’année complète avec une croissance organique du résultat opérationnel entre 4 % et 8 %

Heineken Holding N.V. (OTCQX: HKHHY) hat seine Halbjahresergebnisse 2025 veröffentlicht und zeigt ein solides Gewinnwachstum in seinen globalen Aktivitäten. Das Unternehmen erzielte ein organisches Wachstum des Nettoumsatzes von 2,1% und einen Umsatz von 16.924 Millionen Euro. Während das Biervolumen organisch um 1,2% zurückging, wuchs das Volumen der Flaggschiffmarke Heineken® um 4,5%.

Das Unternehmen meldete einen operativen Gewinn von 1.433 Millionen Euro, wobei der operative Gewinn (beia) ein organisches Wachstum von 7,4% verzeichnete. Das Nettoergebnis der Beteiligung von Heineken Holding N.V. an Heineken N.V. belief sich auf 380 Millionen Euro. Das Unternehmen hält seine Prognose für das Gesamtjahr aufrecht und erwartet ein organisches Wachstum des operativen Gewinns (beia) zwischen 4% und 8%.

  • Der operative Gewinn (beia) zeigte ein starkes organisches Wachstum von 7,4%
  • Das Volumen der Marke Heineken® wuchs um 4,5%
  • Der Nettoumsatz pro Hektoliter stieg um 3,3%
  • Das Unternehmen bestätigt die positive Jahresprognose mit einem organischen Wachstum des operativen Gewinns zwischen 4% und 8%
Positive
  • None.
Negative
  • Beer volume declined 1.2% organically
  • Revenue growth of 2.1% suggests challenging market conditions



Amsterdam, 28 July 2025 � Heineken Holding N.V. (EURONEXT: HEIO; OTCQX: HKHHY) announces:

Solid profit growth highlighting agility across HEINEKEN's global footprint

Key Highlights
  • The net result of Heineken Holding N.V.'s participating interest in Heineken N.V. for the first half year of 2025 amounts to �380 million.
  • Revenue �16,924 million
  • Net revenue (beia) 2.1% organic growth; per hectolitre 3.3%
  • Beer volume organic growth -1.2%; Heineken® volume growth 4.5%
  • Operating profit �1,433 million; operating profit (beia) organic growth 7.4%
  • Outlook for the full year unchanged; operating profit (beia) expected to grow organically 4% to 8%
Enquiries
Media Heineken Holding N.V.
Kees Jongsma
Tel. +31-6-54798253
E-mail: [email protected]
Media Investors
Christiaan Prins Tristan van Strien
Director of Global Communications Global Director of Investor Relations
Marlous den Bieman Lennart Scholtus / Chris Steyn
Corporate Communications Lead Investor Relations Manager / Senior Analyst
E-mail: [email protected] E-mail: [email protected]
Tel: +31-20-5239355 Tel: +31-20-5239590


Conference Call Details

HEINEKEN will host an analyst and investor conference call in relation to its 2025 Half Year results today at 14:00 CET/ 13:00 BST. This call will also be accessible for HeinekenHolding N.V. shareholders. The call will be audio cast live via the website: . An audio replay service will also be made available after the conference call at the above web address. Analysts and investors can dial-in using the following telephone numbers:

United Kingdom (Local): 020 3936 2999

Netherlands (Local): 085 888 7233

USA: 1 646 787 9445

For the full list of dial in numbers, please refer to the following link:

Participation password for all countries: 465823

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FAQ

What were Heineken's (HKHHY) key financial results for H1 2025?

Heineken reported revenue of �16,924 million, with net revenue organic growth of 2.1% and operating profit of �1,433 million. Operating profit (beia) grew organically by 7.4%.

How did Heineken's beer volumes perform in the first half of 2025?

Overall beer volume showed an organic decline of 1.2%, although the Heineken® brand itself demonstrated strong performance with 4.5% volume growth.

What is Heineken's profit outlook for full-year 2025?

Heineken maintains its outlook for full-year 2025, expecting operating profit (beia) to grow organically between 4% to 8%.

How much was Heineken Holding N.V.'s participating interest in Heineken N.V. for H1 2025?

The net result of Heineken Holding N.V.'s participating interest in Heineken N.V. amounted to �380 million for the first half of 2025.

What was Heineken's revenue per hectolitre growth in H1 2025?

Heineken achieved net revenue per hectolitre growth of 3.3% on an organic basis.
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