Amsterdam,10 February 2021 07:00 Europe/Amsterdam
Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) announces:
2020 full year results highlights:
- Net revenue (beia) organic growth -11.9%; per hectolitre -2.4%
- Consolidated beer volume -8.1% organically
- Heineken® volume resilient -0.4%
- Operating profit (beia) organic growth -35.6%, margin 12.3% (-455 bps)
- Net profit (beia) €1,154 million, -49.4% organically
- Diluted EPS (beia) €2.00 (2019: €4.38)
EverGreen strategic review update:
- Deliver superior and profitable growth in a fast-changing world
- Placing consumers and customers at the core, enhance our portfolio andstrengthen our digital route to consumer
- Raise the bar on sustainability and on our people agenda
- Step up in productivity starting with €2 billion gross savings through 2023to fund our journey
- Restore operating profit margin (beia) to around 17% by 2023 and gearfor operating leverage beyond
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