Highlights:
Consolidated beer volume -8.1% organically
Heineken® volume resilient -0.4%
Net profit (beia) €1,154 million, -49.4% organically
Diluted EPS (beia) €2.00 (2019: €4.38)
EverGreen strategic review update:
Deliver superior and profitable growth in a fast-changing world
Placing consumers and customers at the core, enhance our portfolio and strengthen our digital route to consumer
Raise the bar on sustainability and on our people agenda
Step up in productivity starting with €2 billion gross savings through 2023to fund our journey
Restore operating profit margin (beia) to around 17% by 2023 and gear for operating leverage beyond
TOP-LINE PERFORMANCE
COVID-19 continues to have a material impact on our top-line performance, affecting all geographies and markets as governments across the world taking measures to mitigate the contagion including restricted population movement, social distancing, outlet closures and temporary lockdowns of production facilities.