The Business Times

Heineken

Energy & Commodities

Heineken to sell less beer in 2025 as demand falters

CEO Dolf van den Brink said macroeconomic volatility had become more pronounced in the third quarter

Heineken will gain ownership of Costa Rica’s century-old Imperial beer brand through the deal, as well as a soft drink business with its own brands and a PepsiCo bottling licence.
Energy & Commodities

Heineken to buy Fifco businesses for US$3.2 billion in Central America push

The deal will enable Heineken to enter “new profit pools” across Central America, says chief executive Dolf van den Brink

Heineken expects consumer spending to be weakened in Europe and the Americas this year by inflation pressures and a decline in the US dollar.
Energy & Commodities

Heineken beer sales fall as price dispute took longer to resolve

The Dutch brewer reported a 0.4% fall in volumes during the second quarter, worse than analyst estimates

Heineken kept its full-year guidance for profit growth of between 4 per cent and 8 per cent unchanged.
Companies & Markets

Heineken's Q1 sales slightly beat forecasts

“...we are performing within the range of expectations,” says CEO Dolf van den Brink

The new Heineken GenAI aims to boost innovation in Singapore and global operations
Technology

Heineken launches first global GenAI lab in Singapore to improve global operations

It has partnered AI Singapore to improve growth, productivity and customer engagement worldwide

The new brewery offers a look at the steps the Gulf’s rulers are taking to open their economies in a Muslim region with conservative social norms
Consumer & Healthcare

Heineken plans Gulf’s first large-scale brewery in Dubai

DUBAI is poised to get the Gulf’s first large-scale brewery as a Heineken joint venture plans to start producing popular beer brands in the emirate, a landmark move for a region that’s long had strict...

Heineken has been struggling with the US market, where depressed consumer spending has hit sales.
Consumer & Healthcare

Heineken third-quarter beer volumes hit by weak Americas

HEINEKEN reported worse-than-expected beer volumes due to declines in the Americas and Asia-Pacific as consumers failed to ramp up spending.

The world’s second-largest brewer said a solid performance across its business during the first half, as well as plans to step up investments, gave it the confidence to raise its full-year profit guidance.
Companies & Markets

Heineken raises guidance despite first-half miss and impairment

The maker of Europe’s top-selling lager reported a 12.5 per cent rise in half-year operating profit, below analysts’ forecast of 13.2 per cent

The newspaper report said the beer industry has faced numerous challenges with slower economic growth affecting consumers’ confidence and demand.
Asean Business

Heineken to close one of its breweries in Vietnam

Weak demand and tighter drink and driving laws have affected beer consumption

Beer sales by volume rose 4.7 per cent organically in the January-March period, beating the 2.5 per cent growth expected by analysts in a company-provided poll.
Companies & Markets

Heineken sells more beer in Q1, sticks to outlook

CEO Dolf van den Brink says all regions posted higher volume and net revenue

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