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Heineken left its full-year guidance unchanged at 4% to 8% annual profit growth, saying that the impact of US tariffs had grown

Heineken cheers EU-US trade deal as tariff problems grow

Dutch brewer Heineken has today welcomed an EU-US trade deal and said it was weighing all options to deal with growing tariff challenges long-term, including shifting manufacturing.

Business • 28 Jul

Heineken loses operational control of facilities in Congo

Heineken has lost operational control and withdrawn its staff from its facilities in conflict-affected areas of eastern Democratic Republic of Congo, the Dutch brewer said today.

Business • 20 Jun

Heineken is the world's second biggest brewer

Heineken beats Q1 sales forecasts, keeps profit outlook

Heineken has today reported forecast-beating first-quarter sales and maintained its annual guidance but warned of ongoing volatility caused by uncertainty about the levels and scope of global tariffs.

Business • 16 Apr

Heineken is the the world's second biggest brewer after AB InBev

Heineken shares boosted by profit beat, share buyback

Heineken's shares surged 12% today after the Dutch brewer reported forecast-beating profit, launched a share buyback and predicted more growth next year.

Business • 12 Feb

Telangana is India's top beer-consuming state, where United Breweries has 70% of the market share

Heineken's United Breweries to resume Indian state sales

Heineken's Indian unit United Breweries will resume beer supplies to India's Telangana state, the company said today, weeks after it halted supply over pricing and non-payment of dues by the state government.

Business • 20 Jan

Heineken's United Breweries halts sales in Indian state

Heineken-owned United Breweries has stopped supplying beer to Telangana in southern India, following the state's refusal to allow price rises, which the company said have caused it huge losses.

Business • 08 Jan

Guinness has been a much-needed bright spot in earnings for the world's top spirits maker Diageo

Price hikes offer chance for Guinness rivals

Diageo needs its Guinness stout to keep growing fast and is pushing a zero alcohol alternative, but price hikes are turning off some customers and opening the door to rivals such as Heineken's Murphy's.

Business • 18 Nov 24

Heineken has today kept its full-year guidance unchanged

Heineken quarterly revenue slightly ahead of forecasts

Dutch brewer Heineken's third-quarter sales figures has beaten forecasts, buoyed by higher priced and non-alcoholic beers, but full-year guidance was left unchanged.

Business • 23 Oct 24

The worker, Keith Hackett, had originally sought €90,000 for loss of earnings after being sacked by Heineken Ireland Ltd in October 2022.

Heineken ordered to pay sacked worker over €29,000

Heineken has been ordered to pay just over €29,000 to a sacked employee after its human resources team ignored the "rough-and-tumble" work atmosphere at its brewhouse in concluding that he had engaged in the bullying and harassment of two colleagues – which he denied.

Business • 21 Oct 24

The world's second-largest brewer reported a rise of 12.5% in half-year operating profit

Heineken's shares slide, first-half results miss forecast

Dutch brewer Heineken raised its full-year profit guidance today, even as its half-year operating profit growth missed estimates and it took an 874-million-euro impairment.

Business • 29 Jul 24

Heineken, the world's second-largest brewer, said today that beer sales by volume rose 4.7% organically in the first quarter of 2024

Heineken sells more beer in Q1, sticks to outlook

Heineken sold more beer than expected in the first quarter, reporting its first quarterly year-on-year growth in volumes in a year as it stuck to its forecast for profit growth in 2024.

Business • 24 Apr 24

Heineken is to increase what it charges for its draught beer products here

Heineken to increase the price of a pint by six cent

Brewer Heineken has told publicans that it plans to increase what it charges for its draught beer products.

Business • 18 Apr 24

Heineken, the world's second-largest brewer, has today reported a 1.7% rise in its full-year 2023 operating profit

Heineken cautious on 2024 forecast on volatile conditions

Dutch brewer Heineken's 2024 profit could fall significantly below analyst estimates owing to geopolitical and economic volatility, it said today, sending its shares down as much as 6.5%.

Business • 14 Feb 24

Heineken is the world's second-largest brewer

Heineken cuts 2023 forecast after weakness in Asia

Heineken, the world's second-largest brewer, has today reduced its forecast for 2023 profit growth after a weak performance in Asia depressed first-half earnings by more than expected.

Business • 31 Jul 23

Heineken has maintained its forecast for profit growth in 2023 despite the lower than expected Q1 beer sales

Heineken's Q1 beer sales weaker than expected

Heineken has today reported a steeper than expected decline in first-quarter beer sales, with a sharp decline in major markets Nigeria and Vietnam, but maintained its forecast for profit growth in 2023.

Business • 19 Apr 23

Bill Gates buys 3.76% stake in Heineken

Bill Gates has bought 3.76% stake in Dutch drinks giant Heineken Holding, although the billionaire founder of Microsoft has previously said he was "not a big beer drinker."

Business • 22 Feb 23

The brewer sold 6.9% more beer globally than in 2021

Heineken profit higher than expected after Asia rebound

Heineken, the world's second-largest brewer, reported a higher-than-expected profit in 2022 thanks to growth in all markets and a sharp rebound in Asia, and repeated its forecast of a profit increase this year.

Business • 15 Feb 23

Anheuser-Busch InBev is the world's largest brewer

AB InBev raises 2022 outlook as beer sales accelerate

Anheuser-Busch InBev, the world's largest brewer, today reported higher-than-expected quarterly earnings as beer sales accelerated, and raised its 2022 outlook to the top-end of its previous forecast range.

Business • 27 Oct 22

Heineken said its third-quarter sales rose by less than expected

Heineken cautious as European beer drinking slows

Heineken, the world's second-largest brewer, has seen signs of slowdown in demand for its beer in some European markets over recent weeks, it said today, after its third-quarter sales rose by less than expected.

Business • 26 Oct 22

Heineken, the world's second-largest brewer, said it saw rising costs squeezing its profit margins next year.

Heineken boosted by rising beer demand in H1

Heineken has posted higher-than-expected first-half earnings as consumers bought more beer despite cost of living pressures, but the world's second-largest brewer saw rising costs squeezing its profit margins next year.

Business • 02 Aug 22

Heineken, the world's second-largest brewer, said beer volumes rose by 5.2% on a like-for-like basis

Heineken sells more beer than expected as Europe surges

Dutch brewer Heineken stuck to its 2022 profit margin forecast today after a sharp jump in first-quarter beer sales and prices cheered investors despite added uncertainty from the conflict in Ukraine.

Business • 20 Apr 22

Heineken has decided to exit its business in Russia

Heineken and Carlsberg to exit Russian operations

Brewing giants Carlsberg and Heineken have said they will quit Russia, joining an exodus of Western companies as pressure grows on Moscow following its invasion of Ukraine.y.

Business • 28 Mar 22

Heineken sold 4.6% more beer in 2021 than in 2020, with increases in all regions except Asia

Heineken casts doubt on 2023 target as input costs rise

Heineken has today cast doubt on its mid-term profit margin target due to the significant impact of inflation, after reporting stronger than expected earnings in 2021 from higher prices and cost savings.

Business • 16 Feb 22

Workers go on strike at Heineken's brewery in Den Bosch in the Netherlands

Heineken hit by first strike in decades

Hundreds of workers went on strike today at two Heineken breweries in the Netherlands after wage talks stalled, the first industrial action at the world's second largest beer company since 1994.

Business • 14 Jan 22

Distell's deal talks with Heineken, the world's second largest beer maker, were first announced in May

Heineken buys South Africa's Distell for $2.6 billion

Heineken will buy Distell Group Holdings in a deal that values the South African drinks maker at about 40.1 billion rand ($2.62 billion), Distell said today.

Business • 15 Nov 21