Heineken

Heineken reported global volume growth of 1.5% in the first half and mid-single-digit revenue growth, with profit growth outpacing revenue and an improved EBIT margin. Management highlighted early successes of the EverGreen 2030 strategy, productivity gains, better cash conversion and the expansion of the digital system "Freddy AI." China, Vietnam and several African markets remain growth drivers, while Brazil, Mexico and the US showed mixed development; capital allocation focuses on ROIC, share buybacks, organic investments and selective acquisitions. » More on de.investing.com

Heineken gained about 2.8% after better‑than‑expected half‑year results. The CFO put cost inflation caused by the war in Iran at around €100m. Organic EBITDA growth of 6.4% was driven mainly by Asia‑Pacific and Africa & Middle East and beat the 3.3% consensus. J.P. Morgan called the results strong but sees short‑term pressure on the stock due to the June rally, the CEO announcement and another disappointing business performance in Europe. » More on de.investing.com

Heineken reports organic net revenue growth of 2.7% to €14.8bn for H1 2026, an organic operating profit of €2.2bn (+6.7%) and currency‑adjusted diluted earnings per share of €2.29 (+11.6%). Free operating cash flow rose to €1.4bn from €257m a year earlier, and the operating margin improved by 55 basis points to 14.6%. Asia‑Pacific and Africa & Middle East saw strong growth, while the Americas region was weaker. Management confirmed the full‑year guidance for operating profit of +2% to +6% and remains cautious about the second half. » More on de.investing.com