Heineken N.V. hosts its Capital Markets Event: EverGreen 2025
01 December 2022 - 4:00AM
Heineken N.V. hosts its Capital Markets Event: EverGreen 2025
Amsterdam, 30 November 2022 – Heineken N.V.
(EURONEXT: HEIA; OTCQX: HEINY) announces:
|
|
Capital
Markets Event: EverGreen
2025 |
|
|
|
|
|
HEINEKEN is hosting its 2022 Capital Markets Event on December
1st and 2nd. At the event, our Executive Team will share progress
and further detail on EverGreen, HEINEKEN’s strategy to shape the
future of beer and beyond.
As EverGreen continues to build momentum, HEINEKEN reconfirms
its guidance and provides a brief reminder and further precision on
its short-, medium- and long-term outlook statements.
For the short-term:
- We reconfirm that,
for 2022, we expect a stable to slightly higher operating profit
margin (beia) versus last year and to deliver operating profit
(beia) well ahead of 2019
- We also reconfirm
that, for 2023, we expect operating profit (beia) to grow
organically mid- to high-single-digit, subject to any significant
unforeseen macroeconomic and geopolitical developments
- This outlook is
based on continued progress on EverGreen, in the context of a more
challenging global economic environment and lower consumer
confidence in developed markets
- More specifically,
for 2023 we expect:
- Further progress
towards building great brands, our digital route to consumer,
strategic capabilities and our Brew a Better World activities with
commensurate investments
- Stable to modestly
growing volume, increasing in developing markets and declining in
Europe
- Continued discipline
to price responsibly as per local market conditions, aiming to
cover most of the absolute impact of inflation in our cost
base
- An increase in our
input costs in the high-teens per hectolitre and significantly
higher energy costs, particularly in Europe
- Gross savings ahead
of the €2 billion target, relative to the cost base of 2019,
including an increased ambition of savings in Europe
- As a result, net
revenue (beia) will grow organically ahead of operating profit
(beia)
For the medium- to long-term, we expect to:
- Deliver superior
growth, balanced between volume and value
- Drive continuous
productivity improvements of €400 million year on year to fund
investments behind EverGreen and enable in the medium-term
operating profit (beia) to grow ahead of net revenue (beia)
- Improve capital
efficiency through rigorous resource allocation and the
redeployment of less productive capital
- Deliver on our
ambitions to Brew a Better World, including reaching net zero on
carbon, reducing water intake in our breweries and moving towards
gender balance in senior management
For more information, please follow the presentations of our
Capital Markets Event live at
https://theheinekencompany.connectid.cloud/
Media |
|
Investors |
Sarah
Backhouse |
|
José
Federico Castillo Martinez |
Director of
Global Communication |
|
Director of
Investor Relations |
Michael
Fuchs |
|
Mark
Matthews / Robin Achten |
Corporate &
Financial Communication Manager |
|
Investor Relations
Manager / Senior Analyst |
E-mail:
pressoffice@heineken.com |
|
E-mail:
investors@heineken.com |
Tel:
+31-20-5239355 |
|
Tel:
+31-20-5239590 |
Editorial information: HEINEKEN is the world's most
international brewer. It is the leading developer and marketer of
premium and non-alcoholic beer and cider brands. Led by the
Heineken® brand, the Group has a portfolio of more than 300
international, regional, local and specialty beers and ciders. With
HEINEKEN’s over 85,000 employees, we brew the joy of true
togetherness to inspire a better world. Our dream is to shape the
future of beer and beyond to win the hearts of consumers. We are
committed to innovation, long-term brand investment, disciplined
sales execution and focused cost management. Through "Brew a Better
World", sustainability is embedded in the business. HEINEKEN has a
well-balanced geographic footprint with leadership positions in
both developed and developing markets. We operate breweries,
malteries, cider plants and other production facilities in more
than 70 countries. Most recent information is available on our
Company's website and follow us on LinkedIn, Twitter and
Instagram.
Disclaimer: This press release contains forward-looking
statements with regard to the financial position and results of
HEINEKEN's activities. These forward-looking statements are subject
to risks and uncertainties that could cause actual results to
differ materially from those expressed in the forward-looking
statements. Many of these risks and uncertainties relate to factors
that are beyond HEINEKEN’s ability to control or estimate
precisely, such as future market and economic conditions,
developments in the ongoing COVID-19 pandemic and related
government measures, the behaviour of other market participants,
changes in consumer preferences, the ability to successfully
integrate acquired businesses and achieve anticipated synergies,
costs of raw materials, interest-rate and exchange-rate
fluctuations, changes in tax rates, changes in law, change in
pension costs, the actions of government regulators and weather
conditions. These and other risk factors are detailed in HEINEKEN's
publicly filed annual reports. You are cautioned not to place undue
reliance on these forward-looking statements, which speak only of
the date of this press release. HEINEKEN does not undertake any
obligation to update these forward-looking statements contained in
this press release. Market share estimates contained in this press
release are based on outside sources, such as specialised research
institutes, in combination with management estimates.
- Press release Heineken NV Capital Markets Event
(30_11_2022)
Heineken (EU:HEIA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Heineken (EU:HEIA)
Historical Stock Chart
From Apr 2023 to Apr 2024