Brief: Heineken FY Operating Profit At Eur 4.28 Bln

Heineken Holding NV

15/02/2023 06:12

Feb 15 (Reuters) - Heineken Nv  HEIN.AS :
    * HEINEKEN N.V. REPORTS 2022 FULL YEAR RESULTS
    * FULL YEAR 2023 OUTLOOK UNCHANGED
    * FOR COMING YEAR, GLOBAL ECONOMIC OUTLOOK WILL REMAIN
CHALLENGING
    * FY BEER VOLUME 6.9% ORGANIC GROWTH; PREMIUM BEER VOLUME
11.4%;
HEINEKEN VOLUME 12.5%
    * FY OPERATING PROFIT EUR 4,283 MILLION; OPERATING PROFIT
(BEIA)
24.0% ORGANIC GROWTH
    * FY NET REVENUE (BEIA) 21.2% ORGANIC GROWTH; PER HECTOLITRE
13.9%
    * WE WILL CONTINUE TO INVEST, WHILST STAYING DISCIPLINED ON
PRICING AND COSTS
    * WE ARE ACCELERATING DEPLOYMENT OF OUR BUSINESS-TO-BUSINESS
DIGITAL PLATFORMS AND CONTINUED DECARBONISATION OF OUR BREWERIES
    * TRANSFER OF RUSSIA BUSSINESS: IMPAIRMENT OF EUR 88 MILLION
IS
RECORDED FOR PERIOD ENDED 31 DECEMBER 2022
    * FOR 2022, A TOTAL CASH DIVIDEND OF EUR 1.73 PER SHARE
    * A FINAL DIVIDEND OF EUR 1.23 PER SHARE WILL BE PAID ON 2
MAY
2023
    * FY TRANSLATIONAL CURRENCY IMPACT FOR 2022 WAS POSITIVE,
AMOUNTING TO EUR 1,582 MILLION ON NET REVENUE (BEIA)
    * TRANSLATIONAL CURRENCY IMPACT FOR 2022 POSITIVE: EUR 258
MILLION
AT OPERATING PROFIT (BEIA) AND EUR 198 MILLION AT NET PROFIT
(BEIA)
    * BY END OF 2022, WE CAPTURED €1.7 BILLION OF GROSS SAVINGS
AND
ARE WELL ON TRACK TO DELIVER AHEAD OF OUR TARGET IN 2023
    * NEW AMBITION TO DELIVER ONGOING PRODUCTIVITY GAINS OF €400
MILLION YEAR ON YEAR

Source text for Eikon:  ID:nGNE3BB8wY 
Further company coverage:  HEIN.AS 
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