Volumes to decline 2025, Heineken forecasts

Core Insights - Heineken anticipates a modest decline in sales volumes for 2025 following a challenging third quarter, with beer sales dropping significantly in Europe and North America [1][4] - The company's third-quarter revenue decreased by 4% to €8.71 billion ($10.12 billion), with a slight organic dip of 0.1% [1] - Heineken's beer volumes fell by 3.8% in the quarter, with a decline of over 4% in beer sales [1][4] Financial Performance - The net revenue per hectolitre increased by 3.6% due to price hikes and a rise in premium product sales [2] - Organic operating profit is expected to be at the lower end of the target growth range of 4-8% [2] Market Dynamics - The decline in volumes was primarily attributed to weak performance in the Americas, particularly in Brazil and the USA, and a slower recovery in Europe [4] - Despite the challenges, Heineken reported market share gains in most markets and growth in premium volumes year-to-date [3] Strategic Initiatives - Heineken is focusing on digital transformation and organizational restructuring to adapt to changing market conditions and consumer trends [5] - The company plans to close the Namysłów Brewery in Poland due to declining beer sales, with production ceasing by early next year [6]