Go to content
Heineken Holding N.V.

Heineken Holding N.V.

Hieronder vindt u informatie uit het register openbaarmaking voorwetenschap. Deze informatie is door de organisatie verstrekt.

Publicatie datum 24 aug 2011 - 07:00
Statutaire naam Heineken Holding N.V.
Titel Heineken Holding N.V. reports solid operating performance for the first half 2011
Bericht Amsterdam, 24 August 2011 - Heineken Holding N.V. today announced: The net result of Heineken Holding N.V.`s participating interest in Heineken N.V. for the first half of 2011 turned out at EUR303 million; Organic growth in group beer volume of 4.2% with higher volume across all regions. Volume of the Heineken® brand in the premium segment increased 4.7%, led by growth in Asia Pacific and Western Europe; On an organic basis, revenue grew 3.3%, driven by a positive volume effect of 2.2% and increased price and sales mix of 1.1%; Organically, EBIT (beia) grew 3.9%, as an increase in revenues, cost savings and higher profit from joint ventures was partially offset by planned higher marketing investment and increased input costs; Net profit (beia) of EUR694 million (+5.7% organic growth), reflecting higher EBIT (beia) and lower interest expenses, partly offset by higher taxation expense. Reported net profit Heineken N.V. declined 14%, primarily reflecting a significant exceptional gain last year; Total Cost Management (TCM) programme delivered EUR82 million of pre-tax savings in the first half 2011; Strong free operating cash flow generation of EUR779 million, resulting in an improved net debt/EBITDA (beia) ratio of 2.1x; Interim dividend of EUR0.30 per ordinary share, an increase of 15% compared with last year`s interim dividend.