Despite the dip in net revenue, the company says that the outlook for the full year remains unchanged
As notable growth in Vietnam, India, and Mexico was more than offset by declines in Brazil, the United States (US) and parts of Europe, Heineken sold less beer in the first half of the year, the company said on Monday.
Beer volume for the first half of 2025 decreased organically by 1.2 per cent as compared to the same period last year. Global beer volumes came down to 116.4 million hectolitre in HY25 from 118.2 mhl in HY24.
“Our advantaged geographical footprint helped us to adapt to ongoing macro-economic challenges, which impacted consumer sentiment and expenditures. Our African markets led the operating profit growth, benefiting from strong portfolios and a transformed cost base. Profit growth was further boosted by the expansion of our portfolios and distribution-led gains in Vietnam, India, and China,” highlighted Dolf van den Brink, Chief Executive Officer (CEO) and Chairman of the Executive Board.
The net revenues of the company also dipped to 14.18 euros for the six-month period that ended 30 June 2025, as compared to 14.82 euros in the same period a year ago. Despite the dip in net revenue, the company has highlighted that the outlook for the full year remains unchanged and operating profit (beia) is expected to grow organically by 4 per cent to 8 per cent.
