- Heineken N.V. (HEINY, Financial) reported a 4.9% decline in total revenue to €7,784 million for Q1 2025, but net revenue grew organically by 0.9%.
- Premium beer volume showed organic growth of 1.8%, with Heineken® brand volume rising by 4.6%.
- The company remains on track for its €0.4 billion gross savings target and anticipates organic operating profit growth of 4% to 8% for the year.
Heineken N.V. (HEINY), a prominent player in the beverages industry, has released its first quarter trading update for 2025. The company has reported a mixed outcome, with total revenue seeing a decline of 4.9%, amounting to €7,784 million. However, net revenue exhibited a modest organic growth of 0.9% and an increase in revenue per hectolitre by 3.3%.
The overall beer volume experienced an organic decrease of 2.1%. Despite this, the premium beer segment revealed encouraging signs, recording a 1.8% growth. Particularly, the Heineken® brand stood out with a substantial volume increase of 4.6%, suggesting a successful market penetration and brand appeal.
Notably, there was significant growth in markets such as Vietnam, India, and Ethiopia, highlighting the effectiveness of Heineken’s strategic initiatives in these regions. Moreover, Brazil and China showed positive developments in Heineken's brand portfolio, further reinforcing the brand's global footprint.
The company maintains its full-year outlook and expects to achieve organic operating profit (beia) growth between 4% and 8%. Heineken asserts its commitment to its strategic EverGreen plan, focusing on sustainable business growth and efficiency, gearing towards achieving €0.4 billion in gross savings by 2025.