Core Insights - Heineken N.V. is navigating a challenging macroeconomic environment, with expectations for consumer confidence and demand to recover as conditions normalize [2][3] Financial Performance - Revenue for the quarter reached €8,712 million, with year-to-date revenue at €25,636 million [6] - Net revenue (beia) saw a 0.3% organic decline for the quarter but increased by 1.3% year to date [6] - Beer volume experienced a 4.3% organic decline for the quarter and a 2.3% decline year to date [6] - Premium beer volume decreased by 2.2% for the quarter but grew by 0.4% year to date [6] - Heineken® volume declined by 0.6% for the quarter while increasing by 2.7% year to date [6] - The company anticipates organic operating profit (beia) growth for 2025 to be towards the lower end of the 4% to 8% guidance [6] Strategic Initiatives - The company is focused on its EverGreen strategy, with positive portfolio evolution and market share gains in most markets [4] - Digital investments are being accelerated to future-proof the business [4] - The FIFCO transaction in Central America is expected to strengthen growth and be earnings accretive [3] Outlook - Despite the challenging quarter, the company remains confident in achieving €0.5 billion gross savings for 2025 [5]
Heineken N.V. reports on 2025 third quarter trading