Brief: Heineken Q1 Net Revenue EUR 6.80 Bln Up 9.4% Organically

Heineken Holding NV

24/04/2024 07:07

April 24 (Reuters) - Heineken NV  HEIN.AS :
    * OUTLOOK FOR FULL YEAR UNCHANGED; OPERATING PROFIT (BEIA)
EXPECTED TO GROW ORGANICALLY LOW- TO HIGH-SINGLE-DIGIT
    * Q1 ORGANIC BEER VOLUME GROWTH 4.7% VERSUS 2.5% SEEN IN
COMPANY-COMPILED CONSENSUS
    * Q1 NET REVENUE (BEIA) ORGANIC GROWTH 9.4% VERSUS 7.2% SEEN
IN
COMPANY-COMPILED CONSENSUS
    * WE CONTINUE TO SEE ECONOMIC ENVIRONMENT AS CHALLENGING AND
UNCERTAIN
    * OUTLOOK FOR FULL YEAR UNCHANGED; OPERATING PROFIT (BEIA)
EXPECTED TO GROW ORGANICALLY LOW- TO HIGH-SINGLE-DIGIT
    * Q1 PREMIUM BEER VOLUME ORGANIC GROWTH 7.3%
    * DESPITE SOLID START TO YEAR, WE CANNOT EXTRAPOLATE
REPORTED
TOP-LINE GROWTH TO REST OF YEAR
    * Q1 NET REVENUE (BEIA) WAS EUR 6.80 BILLION, UP 9.4%
ORGANICALLY

Source text for Eikon:  ID:nGNE5cz7mJ 
Further company coverage:  HEIN.AS 

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