HEINEKEN: Disappointing 2020 results and uninspiring 2023 outlook | SELL | EUR80(-10%)
HEINEKEN - SELL | EUR80(-10%)Disappointing 2020 results and uninspiring 2023 outlook
2020 results: not good
Outlook: uninspiring
Stepping up sustainability efforts
Highlights from the 2020 results
Heineken Holding is a holding company based in the Netherlands. Through its subsidiaries, Co. promotes the continuity, independence and stability of the Heineken group. This creates the conditions which enable Heineken N.V. to pursue its long-term policy in the interest of the shareholders, the staff and other stakeholders. Co. does not engage in operational activities itself. These have been assigned within the Heineken group to Heineken N.V. and its subsidiaries and associated companies. Through Heineken N.V., Co. is involved in the brewing and selling of beer.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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