Heineken NV

Heineken NV engages in the manufacture and distribution of alcoholic and non-alcoholic beverages. It offers products under the Heineken, Amstel, Desperados, Sol, Tiger, Birra Moretti, Affligem, Lagunitas, Mort Subite, Strongbow Apple Ciders, Orchard Thieves, Stassen, Bulmers, Old Mout and Blind Pig brands. It operates through the following geographical segments: Africa, Middle East and Eastern Europe; Americas; Asia Pacific; Europe; and Head Office and Other or Eliminations. The company was founded by Gerard Adriaan Heineken on February 15, 1864 and is headquartered in Amsterdam, the Netherlands.

Heineken N.V. (HEINY) CEO Dolf van den Brink on Q4 2020 Results - Earnings Call Transcript

Beer giant Heineken N.V. (OTC: HEINY) is operating under the assumption that "it will take time to get out of the pandemic," Heineken CEO Dolf van den Brink told CNBC.

Heineken CEO: 'It Will Take Time To Get Out Of The Pandemic,' Expects Job Cuts, But Bullish On Future

Heineken said it would cut nearly 10% of its workforce as part of a wider strategic plan to restore margins and boost productivity, after the brewer posted full-year earnings that missed expectations on Wednesday.

Heineken will slash 10% of its workforce after the pandemic guzzled down earnings in 2020

Pub groups have called for a clear timeline for re-opening after industry data showed sales of beer more than halved in 2020. Sales of beer in pubs dropped by 56% or £7.8bn in 2020 said the British Beer and Pub Association (BBPA).

Heineken cuts 8,000 jobs to add to brewery sector woes

The world's second-largest brewer will reduce its workforce by around 10% after a year in which the Covid-19 pandemic dried up sales.

Heineken Earnings Missed Expectations and It Will Cut Jobs. UBS Remains Bullish.

Heineken is cutting 8,000 jobs and trying to "move beyond beer" after the pandemic hammered sales.

Heineken is cutting 8,000 jobs as it moves 'beyond beer'

Heineken sold 8% less beer than in 2019. Revenue fell nearly 17%.

Brewer Heineken to cut 8,000 jobs after pandemic losses

Heineken NV plans to cut about 8,000 jobs, the Dutch group said on Wednesday, seeking to restore operating margins to pre-pandemic levels after a sharp decline in profit because of coronavirus restrictions.

Heineken to cut 8,000 jobs to restore pre-pandemic margins

Dutch brewer Heineken said it was cutting around 8,000 jobs following a review of its operations launched in October.

Heineken says cutting around 8,000 jobs in restructuring

Amsterdam, 10 February 2021 – Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) announces:

Heineken N.V. reports 2020 full year results and shares updates on "EverGreen" strategic review

Heineken is already trading close to its pre-pandemic levels as free cash flow is expected to recover during 2021. The sheer size, expected volume growth and premiumization trends in China make it the most important market worldwide.

Why Cracking The Chinese Market Is So Important For Heineken

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The Invesco European Growth Fund (Trades, Portfolio) disclosed last week that its top five trades during the fiscal fourth quarter included new holdings in Heineken NV (XAMS:HEIA), TGS-NOPEC Geophysical Co. ASA (OSL:TGS) and Sanofi SA (NASDAQ:SNY)(XPAR:SAN). The fund also divested out of Allianz SE (XTER:ALV) and Essilorluxottica (XPAR:EL).

Invesco European Growth Fund's Top 5 Trades of the 4th Quarter

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These are the beer stocks with the best value, fastest growth, and most momentum for Q1 2021.

Top Beer Stocks for Q1 2021

Charles de Vaulx (Trades, Portfolio) has revealed IVA Worldwide Fund's portfolio for the third quarter. Top trades of the quarter include new buys in Wells Fargo & Co. (NYSE:WFC) and Heineken NV (XAMS:HEIA) alongside reductions in Berkshire Hathaway Inc. Class A shares (NYSE:BRK.A) and LKQ Corp. (NASDAQ:LKQ).

Charles de Vaulx Drinks Up Heineken, Cuts Berkshire Hathaway

Amstel marks 150 years of beer and friendship, launching in the world's biggest beer market1

Amstel celebrates 150-year anniversary with expansion to China  

Amsterdam, 27 November 2020 - Heineken N.V. (HEINEKEN) nominates Nitin Paranjpe, Chief Operating Officer of Unilever, for appointment as member of the Supervisory Board of Heineken N.V. at its Annual General Meeting (AGM) in 2021 for a four-year term. Nitin Paranjpe, an Indian national, has been Chief Operating Officer of Unilever since 1 May 2019 and a member of the Unilever Leadership Executive since October 2013. Prior to becoming COO, he led Unilever's global Food and Refreshment as well as its global Homecare division. He joined Unilever at Hindustan Lever Limited (India) in 1987 where he held various roles in marketing and sales. Over the years, he has worked in Europe and Asia and has gained extensive experience, amongst others, by delivering strategic transformation and growth initiatives, accelerating digital capabilities through new data-driven tools, and acquisitions of strategic purpose-led businesses that reshaped Unilever's portfolio.

HEINEKEN to nominate Nitin Paranjpe as Supervisory Board member

Heineken's share price performance is closely linked to the company's high and sustainable Return on Capital. The company's very long-term-oriented approach to its capital allocation strategy is highly rewarding for shareholders.

Heineken: The Long-Term Perspective Of A Family-Owned Business

Amsterdam, 3 November 2020 - Heineken N.V. (HEINEKEN) today announces the appointment of a new Chief People Officer. 

HEINEKEN appoints new Chief People Officer

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Heineken and Carlsberg results tell divergent stories: Barron's on MarketWatch

Amsterdam, 28 October 2020 – Heineken Holding N.V. (EURONEXT: HEIO; OTCQX: HKHHY) today publishes its trading update for the third quarter of 2020.

Heineken Holding N.V. reports on 2020 third-quarter trading

Amsterdam, 28 October 2020 – Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) today publishes its trading update for the third quarter of 2020.

Heineken N.V. reports on 2020 third-quarter trading

UK regulators fined Heineken’s pub business nearly $2.6 million for allegedly forcing British bars to sell “unreasonable levels” of the Dutch brewer’s beers. Star Pubs & Bars “seriously and repeatedly” violated UK rules over a nearly three-year period by keeping an iron grip on pub owners who tried to exercise their right to serve products.

Heineken fined for allegedly forcing pubs to sell ‘unreasonable’ amounts of beer

Heineken has seen a significant hit to volumes during COVID-19, as key operating areas in Latin America, Africa, and Asia have been hit by production, distribution, and retail difficulties.

Heineken Is Leveraged To Growth Markets, And Has Above-Average Margin Leverage Potential

Pure Piraña, developed with all-natural flavours, enters Mexican & New Zealand markets

HEINEKEN Launches New Hard Seltzer Brand

Amsterdam, 9 September 2020 - Heineken N.V. (HEINEKEN) today announced it is entering the Peruvian beer market through the acquisition of local beer brand Tres Cruces and the incorporation of its local operating team in Lima. HEINEKEN aims to build a diverse portfolio in Peru consisting of local beer brands, complemented with its range of leading international brands.                                                              To support its strategy in Peru, HEINEKEN is entering into a strategic partnership with Peruvian beverage player AJE Group (AJE). AJE is a leader in numerous non-alcoholic beverages, with a strong route-to-market and distribution network across Peru. AJE will be our local sales and distribution partner in the highly relevant traditional channel in the country.

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