Home

    You are here

HEINEKEN: PROFITS, EARNINGS, REVENUE, VOLUME, ALL UP

You are here

Heineken on stock.com

HEINEKEN: PROFITS, EARNINGS, REVENUE, VOLUME, ALL UP

Feb 11 2015, 9.02am GMT

STOCK.com

Heineken reports full year results with increases across the board: shares up 2.45%.

The Dutch drinks maker, the world’s third largest brewer, relied on premium beers to increase volume and net profit in its fourth quarter and full year earnings. With premium brands up by 5.1% and total revenue increased by 3.3%, the brand saw positive growth across all regions, with particularly strong double digit growth in Brazil, China, France, the UK and Mexico.

Consensus reports gave Heineken a status of ‘outperform’ and the company has certainly exceeded expectations with a 24% increase in dividend, from 2.75 to 3.05. Furthermore, the maker of Heineken, Amstel and Sol promises to widen the pay-out ratio for its annual dividend from 30%-35% to 30%-40% of Net profit.

Investors were boosted by both results and future confidence as trading opened at 64.55, slightly above Tuesday’s close of 64.39, rising nearly 2.5% in the first hour on Wednesday.

Heineken full year highlights:

  • Group revenue grew 3.3% organically, with group revenue per hl up 1.4%
  • Heineken® premium volume +5.1% with growth across all regions
  • Innovation rate accelerated further to 7.7% contributing €1.5 billion of revenues
  • Group operating profit (beia) up 7.8% organically
  • Consolidated Operating profit (beia) margin expansion of 90bps, ahead of medium term target level
  • Net profit (beia) of €1,758 million, 14% higher organically
  • Diluted EPS (beia) of €3.05 (2013: €2.75) including a 6 cent adverse currency impact
  • Dividend policy pay-out ratio widened to 30%-40% (from 30%-35%) of Net profit (beia); proposed 2014 total dividend €1.10 per share (2013: €0.89), implying a 36% pay-out ratio (2013: 32%)

Jean-François van Boxmeer, Chairman of the Executive Board & CEO, commented on the investment and marketing innovations that provided €1.5 billion in revenues. On future forecast, he added, “Whilst we expect further volatility in emerging markets and deflationary pressures in 2015, we are confident that we will deliver further top and bottom line growth in the year ahead."

MT4 chart: HEINEKEN

Heineken on STOCK.com

Trade stock CFDs on STOCK.com with full training given to all clients

Stocks Block Actions

Trading Platforms

MetaTrader

Through a simple native App download, be ready to log on to the powerful, intuitive MT4 platform and trade multiple assets on your desktop or through mobile

More on MetaTrader

WebTrader

Online access - anytime, anywhere - to your secure STOCK.com account, through desktop, tablet and mobile interfaces with no download necessary

More on WebTrader

Trading in CFDs involves significant risk to your invested capital