- Heineken’s total beer volume for Q3 was 61.9 million hectoliters, slightly below the estimate of 62.64 million.
- The European beer volume was 22.2 million hectoliters, slightly above the estimate of 22.1 million.
- In the Americas, the beer volume was 22.1 million hectoliters, just under the estimate of 22.22 million.
- Asia Pacific reported a beer volume of 10.7 million hectoliters, falling short of the 10.92 million estimate.
- Africa & Middle East’s beer volume was 6.9 million hectoliters, below the expected 7.42 million.
- The company’s gross savings target of €0.5 billion for 2024 is on track.
- Heineken maintains its full-year expectation of 4% to 8% organic growth in operating profit.
- The business is meeting overall plans, despite facing challenging consumer and industry trends in some markets.
- Premium volume grew by 4.5%, with Heineken leading at an 8.7% increase, and strong contributions from Kingfisher Ultra in India and Savanna in Southern Africa.
- The investment community holds 16 buy ratings, 7 hold ratings, and 2 sell ratings for Heineken.
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A look at Heineken NV Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
<p>Heineken NV, a global beverage producer known for its wide range of beer, spirits, wines, and soft drinks, is facing a mixed outlook according to Smartkarma Smart Scores. With moderate scores across various factors including value, dividend, and resilience, the company appears to be stable and positioned for consistent performance. However, lower scores in growth and momentum suggest potential challenges in expanding and maintaining competitive momentum in the market. Despite this, Heineken NV‘s established presence in the international beverage industry could provide a solid foundation for long-term growth and sustainability.</p>
<p>Overall, Heineken NV‘s Smartkarma Smart Scores indicate a balanced outlook for the company, with room for improvement in the areas of growth and momentum. While its value, dividend, and resilience scores are decent, focusing on strategies to boost growth and enhance momentum could further solidify its position in the market. As a leading producer and distributor of beverages worldwide, Heineken NV‘s diverse product portfolio and established brand names are key strengths that could support its long-term success and continued relevance in the industry.</p>
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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