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Heineken N V reports on 2021 first-quarter trading
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Heineken N V reports on 2021 first-quarter trading
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2020 full year results highlights:
Net revenue (beia) organic growth -11.9%; per hectolitre -2.4%
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:
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 2023
to fund our journey
for operating leverage beyond
Dolf van den Brink, Chairman of the Executive Board / CEO, commented: In a year of unprecedented disruption and transition, our teams rose to the occasion and quickly adapted while not losing sight of the need to continue investing for the future. The impact of the pandemic on our business was amplified by our on-trade and geographic exposure. We took diligent cost mitig
1 Consolidated figures are used throughout this report, unless otherwise stated; please refer to the Glossary for an explanation of non-GAAP measures and other terms used throughout this report.
2 Organic growth shown, except for Diluted EPS (beia) which is total growth.
3 Includes acquisitions and excludes disposals on a 12 month pro-forma basis
Heineken Holding N.V. engages in no activities other than its participating interest in Heineken N.V. and the management or supervision of and provision of services to that company.
UPDATE ON HEINEKEN S RESPONSE TO COVID-19: NAVIGATING THE CRISIS WHILE BUILDING THE FUTURE
From the onset of the pandemic, people s health and safety has been HEINEKEN s highest priority. To support HEINEKEN employees in doing their jobs safely, HEINEKEN established robust COVID-19 preventive measures including working from home where possible, social distancing, strict personal hygiene and disinfection protocols, and providing adequate personal prot
Heineken N.V. reports 2020 full year results and shares updates on EverGreen strategic review
Amsterdam, 10 February 2021 – Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) announces:
2020 full year results highlights:
Net revenue (beia) organic growth -11.9%; per hectolitre -2.4%
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:
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 2023
to fund our journey
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