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Heineken Holding N.V. Reports Robust 2024 Financial Growth

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Heineken Holding N.V. Reports Robust 2024 Financial Growth

Heineken Holding NV ( (GB:0NBD) ) has shared an announcement.

Heineken Holding N.V. reported strong financial performance for 2024 with a net profit of €978 million and a revenue of €35.955 billion. The company experienced organic growth across various metrics, including a 5.0% increase in net revenue (beia) and a 1.6% rise in beer volume. Heineken announced a two-year share buyback program, reflecting confidence in its strategic direction. The EverGreen strategy continues to drive growth, focusing on digital connectivity, sustainability, and productivity improvements, positioning the company well for future opportunities despite expected macro-economic challenges.

More about Heineken Holding NV

Heineken Holding N.V. is a major player in the brewing industry, producing a wide range of beer products including its flagship Heineken® brand. The company focuses on global markets, with significant operations in countries such as Brazil, Mexico, Nigeria, South Africa, Vietnam, and India. Heineken is committed to sustainability, digital advancement, and operational excellence as part of its EverGreen strategy.

YTD Price Performance: 3.47%

Average Trading Volume: 64,226

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €16.73B

For a thorough assessment of 0NBD stock, go to TipRanks’ Stock Analysis page.

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