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World Cup, soft drinks offer big brewers some cheer

Big brewers and their shareholders are hoping for some 2026 cheer, betting soccer's World Cup and a pivot to soft drinks can help overcome challenges from geopolitical turbulence, health-conscious Gen Z youth and cost of living crises.

Business • 13 Feb

Heineken to cut up to 6,000 jobs as beer demand falters

Heineken has said that it will cut up to 6,000 jobs from its global workforce and set lower expectations for profit growth in 2026 than a year earlier, as the Dutch brewer and its peers grappled with weak demand.

Business • 11 Feb

Heineken to raise draught beer prices from next month

Heineken is to increase what it charges publicans for its draught beer products from next month.

Ireland • 27 Jan

Heineken CEO, facing slow sales, steps down

Heineken's chief executive Dolf van den Brink resigned unexpectedly today after six years of leading the Dutch brewer and only a few months after setting its new strategy, as the industry battles to get drinkers buying more beer.

Business • 12 Jan

Heineken lays out plan to grow beer sales, cut costs

Dutch brewer Heineken today pledged it could deliver more growth with fewer resources as it pitched an updated five-year strategy to investors that will see it focus more heavily on specific brands and markets.

Business • 23 Oct 25

Heineken said its third-quarter sales were hit in particular by weak demand for its beers in Latin America and Europe

Heineken to sell less beer in 2025 on global volatility

Dutch brewer Heineken today warned that its 2025 beer sales would fall as macroeconomic challenges worsened, further downgrading its volume guidance from the previous quarter for which it was punished.

Business • 22 Oct 25

Heineken to buy FIFCO businesses in Central America push

Dutch brewer Heineken said it will buy the beverage and retail businesses of Costa Rica's Florida Ice and Farm Company for $3.2 billion in cash, boosting its presence across Central America.

Business • 23 Sep 25

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 25

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 25

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 25

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 25

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 25

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 25

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