Heineken N.V. : Low end of guidance for operating profit growth expected in 2023
>Heineken is collecting estimates ahead of its 2023 results due 14 February - Heineken is currently collecting consensus estimates ahead of its 2023 results release due 14 February. In this note, we look ahead to the results using Bloomberg consensus estimates. For Q4 2023 and beyond, we generally expect volume growth to improve as pricing is tapering. For 2023, we expect Heineken to achieve the low end of its guidance for stable to mid-single-digit organic operating ...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.
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