Heineken N.V. : 2024 a year of investment rather than a year of recovery
>Heineken’s H1 2024 results disappointed on most lines - Heineken’s organic beer volume growth, revenue growth and operating profit growth all fell (marginally) short of both our expectations and consensus. In three of its four regions, Heineken reported materially lower than expected operating profit, which was partly offset by the solid operating profit performance in the Americas region in H1 2024.Mixed regional performance, with only the Americas beat...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.
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.
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