Heineken's 2025 net revenue grows 1.6% organically

Heineken NV

11/02/2026 06:11

Overview

Dutch brewer's 2025 net revenue grew 1.6% organically

Operating profit rose 4.4%, with margin expanding 41 bps

Company completed first tranche of €1.5 bln share buyback

Outlook

Heineken anticipates FY2026 operating profit to grow between 2% and 6%

Company plans to reduce 5,000 to 6,000 roles over next two years

Integrating FIFCO businesses expected to be immediately accretive to EPS

Result Drivers

MARKET SHARE GAINS - Heineken gained or held market share in over 60% of its markets, including more than 80% of priority growth markets

PRODUCTIVITY GAINS - Gross savings exceeded €500 million, contributing to a 4.4% growth in operating profit and margin expansion

BRAND VOLUME GROWTH - Heineken brand volume increased by 2.7%, supporting overall revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY EPS
EUR 4.78


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 8 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the brewers peer group is "buy"

Wall Street's median 12-month price target for Heineken NV is €84.00, about 12.6% above its February 10 closing price of €74.58

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nGNE5ssjL2

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)