Heineken Organic Net Revenue Up 24.3%, Organic Net Profit Soars 49.2%

Heineken N.V. reports revenue in the first half grew 37% (24.3% organic), as reported beer volume increased 15.5% (7.6% organic).  Net profit in the first half grew 22.3% (40.2% organic), the company said.

“Premium beer volume grew 10.2%, driving close to half of our organic growth in beer volume.  That growth was led by Heineken, which continued its strong performance and grew volume by 14.6% in the second quarter to close the first half with a 13.8% increase, up 32.9% versus 2019.

“The brand grew double-digits in more than 50 markets, notably in Brazil, China, Vietnam, South Africa, the Netherlands, Spain, Italy, Laos and the United Arab Emirates. Heineken Silver, now present in 22 markets, has nearly doubled its volume, driven by strong growth in Vietnam and China and its rollout across Europe and Asia. As the next step of its global roll-out, we introduced Heineken Silver in Mexico this month.

“As per the Kantar BrandZ 2022 global survey, Heineken was the fastest growing in ‘Brand Value’ among top alcohol brands, driven by its strong growth momentum, innovations and creativity. The latter was further recognized at this year’s Cannes Lions, the prestigious Festival of Creativity, as the most awarded alcohol brand. The brand’s most recent campaign, “The Closer”, aims to spark conversation on work-life imbalance, with a smile. Heineken supports inclusion in the bar and on the football field and is a proud sponsor of the UEFA Women’s EURO football tournament,” van den Brink said.

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