Report
Robert Jan Vos

Heineken : H1 2021 expected to be fine due to easy base and front end-loaded savings

>H1 2021 results due 2 August - Heineken is set to report its H1 2021 results on 2 August at 07:00 and host a conference call at 10:00hrs that same day.Easy volumes comparison base for Q2 2021 and profit base for H1 2021 - Heineken recorded a very weak performance in Q2 2020, with beer volumes down 19.4%. Hence, the volumes comparison base is generally rather easy for Q2 2021, although volumes are not yet likely to be back at levels seen in 2019, in o...
Underlying
Heineken NV

Heineken is an international brewer and engaged in the production and distribution of beer brands in 178 countries. Co. is committed to the marketing and consumption of its more than 250 international premium, regional, local and specialty beers and ciders. These include Heineken®, Amstel, Anchor, Biere Larue, Bintang, Birra Moretti, Cruzcampo, Desperados, Dos Equis, Foster's, Newcastle Brown Ale, Ochota, Primus, Sagres, Sol, Star, Strongbow, Tecate, Tiger and Zywiec. In addition, Co. is the cider maker with brands such as Strongbow® and Bulmer's®. Some of its wholesalers also distribute wine, spirits and soft drinks.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Robert Jan Vos

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