{"id":18239,"date":"2024-04-24T06:47:27","date_gmt":"2024-04-24T06:47:27","guid":{"rendered":"https:\/\/allonlinebanglanewspapers.com\/news\/heineken-holding-n-v-reports-on-2024-first-quarter-trading\/"},"modified":"2024-04-24T06:47:27","modified_gmt":"2024-04-24T06:47:27","slug":"heineken-holding-n-v-reports-on-2024-first-quarter-trading","status":"publish","type":"post","link":"https:\/\/allonlinebanglanewspapers.com\/news\/heineken-holding-n-v-reports-on-2024-first-quarter-trading\/","title":{"rendered":"Heineken Holding N.V. reports on 2024 first-quarter trading"},"content":{"rendered":"<div id=\"main-body-container\" itemprop=\"articleBody\">\n<p align=\"left\">Amsterdam, 24 April 2024 \u2013 Heineken Holding N.V. (EURONEXT: HEIO; OTCQX: HKHHY) publishes\u00a0its trading update for the first quarter of 2024.<\/p>\n<table style=\"border-collapse: collapse; width:100%; border-collapse:collapse ;\">\n<tr>\n<td style=\"max-width:2%; width:2%; min-width:2%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"max-width:97%; width:97%; min-width:97%;;vertical-align: middle ; \"> <strong>Key Highlights<\/strong> <\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"vertical-align: bottom ; \"> \u00a0 <\/td>\n<\/tr>\n<\/table>\n<ul type=\"square\">\n<li style=\"margin-top:4pt; margin-bottom:4pt;\">Revenue \u20ac8,184 million, up 7.2%<\/li>\n<li style=\"margin-top:4pt; margin-bottom:4pt;\">Net revenue (beia) organic growth 9.4%; per hectolitre 4.9%<\/li>\n<li style=\"margin-top:4pt; margin-bottom:4pt;\">Beer volume organic growth 4.7%<\/li>\n<li style=\"margin-top:4pt; margin-bottom:4pt;\">Premium beer volume organic growth 7.3%<\/li>\n<li style=\"margin-top:4pt; margin-bottom:4pt;\">Heineken<sup>\u00ae<\/sup> volume growth 12.9%<\/li>\n<li style=\"margin-top:4pt; margin-bottom:4pt;\">Gross merchandise value captured via eB2B platforms +17%<\/li>\n<li style=\"margin-top:4pt; margin-bottom:4pt;\">Outlook for the full year unchanged; operating profit (beia) expected to grow organically low- to high-single-digit.<\/li>\n<\/ul>\n<p>Heineken Holding N.V. engages in no activities other than its participating interest in Heineken N.V. and the management or supervision of and provision of services to that company.<\/p>\n<table style=\"border-collapse: collapse; width:100%; border-collapse:collapse ;\">\n<tr>\n<td style=\"max-width:2%; width:2%; min-width:2%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"max-width:97%; width:97%; min-width:97%;;vertical-align: middle ; \"> <strong>Financial Summary<\/strong> <\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"vertical-align: bottom ; \"> \u00a0 <\/td>\n<\/tr>\n<\/table>\n<p>Throughout this report figures refer to quarterly performance unless otherwise indicated.<\/p>\n<p><strong>Revenue<\/strong> in the first quarter was \u20ac8.2 billion, up 7.2%.<strong> Net revenue (beia)<\/strong> was \u20ac6.8 billion, up 9.4% organically. Total consolidated volume increased 4.3% and net revenue (beia) per hectolitre was up 4.9%. Price mix on a constant geographic basis increased by 6.0%, mainly driven by pricing and in line with inflation. <\/p>\n<p>Currency translation reduced net revenue (beia) by \u20ac294 million or 4.6%, mainly driven by the devaluation of currencies in Africa, particularly the Nigerian Naira, and partially offset by a stronger Mexican Peso and Brazilian Real. Consolidation changes in net revenue (beia) contributed \u20ac164 million, driven by the integration of Distell and Namibia Breweries and partially offset by the sale of Vrumona in the Netherlands and HEINEKEN&#8217;s exit from Russia. <\/p>\n<table style=\"border-collapse: collapse; width:100%; border-collapse:collapse ;\">\n<tr>\n<td style=\"width:13.89%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> <strong>IFRS Measures<\/strong> <\/td>\n<td style=\"width:4.98%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> \u20ac million <\/td>\n<td style=\"width:4.98%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Total growth <\/td>\n<td style=\"width:2.3%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:13.89%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> <strong>BEIA Measures<\/strong><sup><strong>1<\/strong><\/sup> <\/td>\n<td style=\"width:4.98%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> \u20ac million <\/td>\n<td style=\"width:4.98%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Organic growth <\/td>\n<\/tr>\n<tr>\n<td style=\"width:13.89%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> Revenue <\/td>\n<td style=\"width:4.98%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 8,184 <\/td>\n<td style=\"width:4.98%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 7.2% <\/td>\n<td style=\"width:2.3%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:13.89%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> Revenue (beia) <\/td>\n<td style=\"width:4.98%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 8,184 <\/td>\n<td style=\"width:4.98%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 8.8% <\/td>\n<\/tr>\n<tr>\n<td style=\"width:13.89%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Net revenue <\/td>\n<td style=\"width:4.98%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 6,847 <\/td>\n<td style=\"width:4.98%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 7.3% <\/td>\n<td style=\"width:2.3%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:13.89%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Net revenue (beia) <\/td>\n<td style=\"width:4.98%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 6,847 <\/td>\n<td style=\"width:4.98%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 9.4% <\/td>\n<\/tr>\n<\/table>\n<p><sup>1. <\/sup>Consolidated figures are used throughout this report, unless otherwise stated. Please refer to the Glossary for an explanation of non-GAAP measures and other terms. Page 2 includes a reconciliation versus IFRS metrics. These non-GAAP measures are included in internal management reports that are reviewed by the Executive Board of Heineken N.V., as management believes that this measurement is the most relevant in evaluating the results and in performance management.<\/p>\n<p><strong>Beer volume<\/strong> increased 4.7% organically with growth in all regions, a sequential improvement in the performance of the business, boosted by calendar and one-off effects. In particular, the Americas and Europe regions benefitted from the earlier timing of Easter and the Africa &amp; Middle East and Asia Pacific regions from a soft comparable base last year due to one-off effects in Vietnam and Nigeria. <\/p>\n<table style=\"border-collapse: collapse; width:100%; border-collapse:collapse ;\">\n<tr>\n<td style=\"width:25.23%;;vertical-align: bottom ; \"> <strong>Beer volume<\/strong> <\/td>\n<td style=\"width:0.54%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:7.72%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:0.54%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:7.72%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:0.54%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:7.72%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> <em>(in mhl or %)<\/em> <\/td>\n<td style=\"width:0.54%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:7.72%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 1Q23 <\/td>\n<td style=\"width:0.54%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:7.72%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> <strong>1Q24<\/strong> <\/td>\n<td style=\"width:0.54%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:7.72%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Organic growth <\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;;border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Heineken N.V. <\/td>\n<td style=\"width:0.54%;;border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:7.72%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 54.8 <\/td>\n<td style=\"width:0.54%;;border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:7.72%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> <strong>55.4<\/strong> <\/td>\n<td style=\"width:0.54%;;border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:7.72%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 4.7% <\/td>\n<\/tr>\n<\/table>\n<p><strong>Premium beer <\/strong>volume grew by 7.3%, outperforming the total beer portfolio. The strong momentum in premiumisation was led by <strong>Heineken<\/strong><sup><strong>\u00ae <\/strong><\/sup>and its line extensions, complemented by HEINEKEN&#8217;s international and local premium brands, including Tiger, Desperados, Birra Moretti and Kingfisher Ultra. <\/p>\n<p><strong>Heineken<\/strong><sup><strong>\u00ae <\/strong><\/sup>grew volume by 12.9%, with double-digit growth in more than 30 markets. <strong>Heineken<\/strong><sup><strong>\u00ae<\/strong><\/sup><strong> 0.0<\/strong> grew volume in the high-teens, with double-digit growth in all regions, led by Brazil, Vietnam and China. <strong>Heineken<\/strong><sup><strong>\u00ae<\/strong><\/sup><strong> Silver<\/strong> grew volume by more than 50%, led by Vietnam and China.<\/p>\n<table style=\"border-collapse: collapse; width:100%; border-collapse:collapse ;\">\n<tr>\n<td style=\"width:29.23%;;vertical-align: bottom ; \"> <strong>Heineken\u00ae volume<\/strong> <\/td>\n<td style=\"width:3.91%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:8.14%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:0.57%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:8.14%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:29.23%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> <em>(in mhl or %)<\/em> <\/td>\n<td style=\"width:3.91%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 1Q23 <\/td>\n<td style=\"width:8.14%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> <strong>1Q24<\/strong> <\/td>\n<td style=\"width:0.57%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:8.14%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Organic growth <\/td>\n<\/tr>\n<tr>\n<td style=\"width:29.23%;;border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Heineken N.V. <\/td>\n<td style=\"width:3.91%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 12.2 <\/td>\n<td style=\"width:8.14%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> <strong>13.8<\/strong> <\/td>\n<td style=\"width:0.57%;;border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:8.14%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 12.9% <\/td>\n<\/tr>\n<\/table>\n<p>HEINEKEN continues to see the economic environment as challenging and uncertain, and HEINEKEN will remain agile and focused on strengthening its business in line with its EverGreen strategy. Despite the solid start to the year, HEINEKEN cannot extrapolate the reported top-line growth to the rest of the year. As planned, HEINEKEN will increase its investment behind its brands, innovations, commercial capabilities and route-to-consumer. All in all, HEINEKEN continues to expect operating profit (beia) to grow organically by a low- to high-single-digit and net profit (beia) organic growth lower than the operating profit (beia) organic growth.<\/p>\n<table style=\"border-collapse: collapse; width:100%; border-collapse:collapse ;\">\n<tr>\n<td style=\"max-width:2%; width:2%; min-width:2%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"max-width:97%; width:97%; min-width:97%;;vertical-align: middle ; \"> <strong>Translational Currency Calculated Impact<\/strong> <\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"vertical-align: bottom ; \"> \u00a0 <\/td>\n<\/tr>\n<\/table>\n<p>Based on the impact to date, and applying spot rates of 22 April 2024 to the 2023 financial results as a baseline for the remainder of the year, the calculated negative currency translational impact for the full year of 2024 would be approximately \u20ac640 million in net revenue (beia), \u20ac90 million at operating profit (beia) and positive \u20ac20 million at net profit (beia).<\/p>\n<table style=\"border-collapse: collapse; width:100%; border-collapse:collapse ;\">\n<tr>\n<td style=\"max-width:2%; width:2%; min-width:2%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"max-width:97%; width:97%; min-width:97%;;vertical-align: middle ; \"> <strong>Reconciliation of non-GAAP measures<\/strong> <\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<\/tr>\n<\/table>\n<p>In internal managerial reports, HEINEKEN uses the metrics net revenue (beia) and net revenue (beia) organic growth.<\/p>\n<table style=\"border-collapse: collapse; width:100%; border-collapse:collapse ;\">\n<tr>\n<td colspan=\"8\" style=\"width:50%;;vertical-align: bottom ; \"> <strong>Reconciliation net revenue (beia) and net revenue (beia) organic growth<\/strong> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:10%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> <strong>1Q22<\/strong> <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Reported <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Eia <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Beia <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Currency translation <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Consolidation impact <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Organic Growth <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Organic Growth % <\/td>\n<\/tr>\n<tr>\n<td style=\"width:10%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> Revenue <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 6,989 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> \u2014 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 6,989 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 200 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 432 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 1,213 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 23.6% <\/td>\n<\/tr>\n<tr>\n<td style=\"width:10%;;vertical-align: bottom ; \"> Excise tax expense <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> -1,236 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> \u2014 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> -1,236 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> -13 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> -243 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> -142 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> -17.0% <\/td>\n<\/tr>\n<tr>\n<td style=\"width:10%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Net revenue <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 5,753 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> \u2014 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 5,753 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 186 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 189 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 1,071 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 24.9% <\/td>\n<\/tr>\n<tr>\n<td style=\"width:10%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:5.71%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:5.71%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:5.71%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:5.71%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:5.71%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:5.71%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:5.71%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:10%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> <strong>1Q23<\/strong> <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Reported <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Eia <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Beia <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Currency translation <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Consolidation impact <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Organic Growth <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Organic Growth % <\/td>\n<\/tr>\n<tr>\n<td style=\"width:10%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> Revenue <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 7,632 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> -1 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 7,631 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 89 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 12 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 540 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 7.7% <\/td>\n<\/tr>\n<tr>\n<td style=\"width:10%;;vertical-align: bottom ; \"> Excise tax expense <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> -1,253 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> \u2014 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> -1,253 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> 14 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> -3 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> -28 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> -2.3% <\/td>\n<\/tr>\n<tr>\n<td style=\"width:10%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Net revenue <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 6,379 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> -1 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 6,378 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 103 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 10 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 512 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 8.9% <\/td>\n<\/tr>\n<tr>\n<td style=\"width:10%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:5.71%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:5.71%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:5.71%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:5.71%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:5.71%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:5.71%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:5.71%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> \u00a0 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:10%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> <strong>1Q24<\/strong> <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Reported <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Eia <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Beia <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Currency translation <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Consolidation impact <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Organic Growth <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Organic Growth % <\/td>\n<\/tr>\n<tr>\n<td style=\"width:10%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> Revenue <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 8,184 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> \u2014 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 8,184 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> -328 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 209 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 672 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-top: solid black 1pt ; vertical-align: bottom ; \"> 8.8% <\/td>\n<\/tr>\n<tr>\n<td style=\"width:10%;;vertical-align: bottom ; \"> Excise tax expense <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> -1,337 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> \u2014 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> -1,337 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> 34 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> -45 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> -73 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; \"> -5.8% <\/td>\n<\/tr>\n<tr>\n<td style=\"width:10%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Net revenue <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 6,847 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> \u2014 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 6,847 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> -294 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 164 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 599 <\/td>\n<td style=\"width:5.71%;;text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: bottom ; \"> 9.4% <\/td>\n<\/tr>\n<\/table>\n<p>Note: due to rounding, this table will not always cast<\/p>\n<table style=\"border-collapse: collapse; width:100%; border-collapse:collapse ;\">\n<tr>\n<td style=\"width:24.5%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Media Heineken Holding N.V. <\/td>\n<td style=\"width:1%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:24.5%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:24.5%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> <strong>Kees Jongsma<\/strong> <\/td>\n<td style=\"width:1%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:24.5%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:24.5%;;vertical-align: bottom ; \"> tel. +31 6 54 79 82 53 <\/td>\n<td style=\"width:1%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:24.5%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:24.5%;;vertical-align: bottom ; \"> E-mail: <a href=\"https:\/\/www.globenewswire.com\/news-release\/2024\/04\/24\/2868295\/0\/en\/mailto:cjongsma@spj.nl\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><u>cjongsma@spj.nl<\/u><\/a> <\/td>\n<td style=\"width:1%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:24.5%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:24.5%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:1%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:24.5%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:24.5%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Media <\/td>\n<td style=\"width:1%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:24.5%;;border-bottom: solid black 1pt ; vertical-align: bottom ; \"> Investors <\/td>\n<\/tr>\n<tr>\n<td style=\"width:24.5%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> <strong>Joris Evers<\/strong> <\/td>\n<td style=\"width:1%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:24.5%;;border-top: solid black 1pt ; vertical-align: bottom ; \"> <strong>Jos\u00e9 Federico Castillo Martinez<\/strong> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:24.5%;;vertical-align: bottom ; \"> Director of Global Communication <\/td>\n<td style=\"width:1%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:24.5%;;vertical-align: bottom ; \"> Director of Investor Relations <\/td>\n<\/tr>\n<tr>\n<td style=\"width:24.5%;;vertical-align: bottom ; \"> <strong>Michael Fuchs<\/strong> <\/td>\n<td style=\"width:1%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:24.5%;;vertical-align: bottom ; \"> <strong>Mark Matthews \/ Chris Steyn<\/strong> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:24.5%;;vertical-align: bottom ; \"> Corporate &amp; Financial Communication Manager <\/td>\n<td style=\"width:1%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:24.5%;;vertical-align: top ; \"> Investor Relations Manager \/ Senior Analyst <\/td>\n<\/tr>\n<tr>\n<td style=\"width:24.5%;;vertical-align: bottom ; \"> E-mail: <a href=\"https:\/\/www.globenewswire.com\/news-release\/2024\/04\/24\/2868295\/0\/en\/mailto:pressoffice@heineken.com\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><u>pressoffice@heineken.com<\/u><\/a> <\/td>\n<td style=\"width:1%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:24.5%;;vertical-align: bottom ; \"> E-mail: <u>investors@heineken.com<\/u> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:24.5%;;vertical-align: bottom ; \"> Tel: +31-20-5239355 <\/td>\n<td style=\"width:1%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"width:24.5%;;vertical-align: bottom ; \"> Tel: +31-20-5239590 <\/td>\n<\/tr>\n<\/table>\n<table style=\"border-collapse: collapse; width:100%; border-collapse:collapse ;\">\n<tr>\n<td style=\"max-width:2%; width:2%; min-width:2%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"max-width:97%; width:97%; min-width:97%;;vertical-align: middle ; \"> <strong>Conference Call Details<\/strong> <\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; \"> \u00a0 <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"vertical-align: bottom ; \"> \u00a0 <\/td>\n<td style=\"vertical-align: bottom ; \"> \u00a0 <\/td>\n<\/tr>\n<\/table>\n<p>HEINEKEN will host an analyst and investor conference call with Harold van den Broek, Chief Financial Officer, in relation to its First Quarter 2024 Trading Update at 14:00 CET\/13:00 GMT. This call will also be accessible for Heineken Holding N.V. shareholders. The call will be audio cast live via the website: www.theheinekencompany.com. An audio replay service will also be made available after the conference call at the above web address. Analysts and investors can dial-in using the following telephone numbers:<\/p>\n<p>United Kingdom: +44 203 936 2999<\/p>\n<p>Netherlands: +31 85 888 7233<\/p>\n<p>United States: +1 646 787 9445<\/p>\n<p>All other locations: +44 203 936 2999<\/p>\n<p>For the full list of dial in numbers, please refer to the following link: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=aXWyCHrUd2iTqPDDfvjUJswDA8jl3tCFqLZVPgB4OoEAlyGcukSJuuQ0nDh9lqPcQgl8LEuOBnA5oTu9IPBuyjm9V_bmtf80yJxxKsrFg3W0HTVgDLRvsDtprLnw2d1Am0mbSANY1orB-l2qRcfoYA==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><u>Global Dial-In Numbers<\/u><\/a><\/p>\n<p>Participation password for all countries: 655905<\/p>\n<p><em>Editorial information:<\/em><br \/>Heineken Holding N.V. engages in no activities other than its participating interest in Heineken N.V. and the management or supervision of and provision of services to that company.<\/p>\n<p>HEINEKEN is the world&#8217;s most international brewer. It is the leading developer and marketer of premium and non-alcoholic beer and cider brands. Led by the Heineken\u00ae brand, the Group has a portfolio of more than 350 international, regional, local and specialty beers and ciders. With HEINEKEN\u2019s over 90,000 employees, HEINEKEN brews the joy of true togetherness to inspire a better world. HEINEKEN&#8217;s dream is to shape the future of beer and beyond to win the hearts of consumers. HEINEKEN is committed to innovation, long-term brand investment, disciplined sales execution and focused cost management. Through &#8220;Brew a Better World&#8221;, sustainability is embedded in the business. HEINEKEN has a well-balanced geographic footprint with leadership positions in both developed and developing markets. HEINEKEN operates breweries, malteries, cider plants and other production facilities in more than 70 countries. Most recent information is available on the websites: <u>www.heinekenholding.com<\/u> and <u>www.theHEINEKENcompany.com<\/u> and follow HEINEKEN on <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=LSt72U-F8SAZ1L21JFTuDXHWpi9a8b7S2dw1PJbWtwVmS6idO2UxaOn2Ak1NkibRVFVSV4L367VDZu3ZebD2cc_m-fxnsHtlTb2DZGdrcJjxHkijDl1ec29hKwS6MhCFifm-uLCb0JjI-TzHkgSSTUxE7hf8vQzUUQa7a0VXNCdYP8vl5wZ3CMBYroGEe71OwmqvPZfPyPtk_yy2bAs-ZtFCThJtj3PvqnSMr5ZhF0eQUpqnosVlAfk5-6xMlyESPhDy6HmkUBbOwD1OQilp7lq3WYOAT26dEUpSD4y9pB0fueGe07lhwxbhXEH3YuCtoKWPWHs93YOaQ6oixp6hDf7UdN_QsXrxTpCgpAlZVj5J2d3P4dnREdIHWQooiRghZn0hWaegrDjQTj3fa2c__zAgSSMWBXw-Qn2L2lTqmiU=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><u>LinkedIn<\/u><\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ml-zvqlIQ8sChZoTUv1Aj73J-9jIzkIhao_Wq2sWqzo4yVsvr9ADTX29tJeOvloSEESju5yXP-FrlgcT2ZbxHffyTPDgTFrCX7wG8WSw9XM=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><u>Twitter<\/u><\/a> and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=l_UVB92SHY6RePNg1_bT_23B95lY4f_gqJiPga88zQknPOpTCcVuZkRJ8J5oVm1ozcJPEcKPuAGW-7UcEwGLgfvlQ2ei6j7Bc1D8BtOgOC5-7vc0kpf5bu-snAsWNhYkvsOcYDNZZ2rB1aYiWSVyOQ==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><u>Instagram<\/u><\/a>.<\/p>\n<p>Market Abuse Regulation <\/p>\n<p>This press release may contain price-sensitive information within the meaning of Article 7(1) of the EU Market Abuse Regulation.<\/p>\n<p><em>Disclaimer: <\/em><br \/>This press release contains forward-looking statements based on current expectations and assumptions with regard to the financial position and results of HEINEKEN\u2019s activities, anticipated developments and other factors. All statements other than statements of historical facts are, or may be deemed to be, forward-looking statements. Forward-looking statements also include, but are not limited to, statements and information in HEINEKEN\u2019s non-financial reporting, such as HEINEKEN\u2019s emissions reduction and other climate change related matters (including actions, potential impacts and risks associated therewith). These forward-looking statements are identified by their use of terms and phrases such as \u201caim\u201d, \u201cambition\u201d, \u201canticipate\u201d, \u201cbelieve\u201d, \u201ccould\u201d, \u201cestimate\u201d, \u201cexpect\u201d, \u201cgoals\u201d, \u201cintend\u201d, \u201cmay\u201d, \u201cmilestones\u201d, \u201cobjectives\u201d, \u201coutlook\u201d, \u201cplan\u201d, \u201cprobably\u201d, \u201cproject\u201d, \u201crisks\u201d, \u201cschedule\u201d, \u201cseek\u201d, \u201cshould\u201d, \u201ctarget\u201d, \u201cwill\u201d and similar terms and phrases. These forward-looking statements, while based on management&#8217;s current expectations and assumptions, are not guarantees of future performance since they are subject to numerous assumptions, known and unknown risks and uncertainties, which may change over time, that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond HEINEKEN\u2019s ability to control or estimate precisely, such as but not limited to future market and economic conditions, the behaviour of other market participants, changes in consumer preferences, the ability to successfully integrate acquired businesses and achieve anticipated synergies, costs of raw materials and other goods and services, interest-rate and exchange-rate fluctuations, changes in tax rates, changes in law, environmental and physical risks, change in pension costs, the actions of government regulators and weather conditions. These and other risk factors are detailed in HEINEKEN\u2019s publicly filed annual reports. You are cautioned not to place undue reliance on these forward-looking statements, which speak only of the date of this press release. HEINEKEN assumes no duty to and does not undertake any obligation to update these forward-looking statements contained in this press release. Market share estimates contained in this press release are based on outside sources, such as specialised research institutes, in combination with management estimates.<\/p>\n<ul id=\"gnw_attachments_section-items\">\n<li>\n        <a target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=9sip0WOACD_6QKpP874LoWxLJpRcCBU9i-pVPigztQQo-XJH2Cs1cuAQUxc_AcNczzy4zDjRyK5pLshy3dvtpMntK9x27j5q1zJh1w_KtQemC4CgUYCTLzT_mfJ2wQPy6cCXL5tFrLbH_f7k05KV-VC0GsDgPz5fAAJoJut9g-cBAvucWtNIkafqWrUntW04arrOY8ds7_YyYc1AfkWEnUFwJJTIeLucjqhbFNf6xhw=\" title=\"Please click on the PDF to read the full press release\" rel=\"nofollow noopener\">Please click on the PDF to read the full press release<\/a>\n      <\/li>\n<\/ul>\n<p>\n            <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Amsterdam, 24 April 2024 \u2013 Heineken Holding N.V. (EURONEXT: HEIO; OTCQX: HKHHY) publishes\u00a0its trading update for the first quarter of 2024. \u00a0 Key Highlights \u00a0 \u00a0 \u00a0 \u00a0 Revenue \u20ac8,184 million, up 7.2% Net revenue (beia) organic growth 9.4%; per hectolitre 4.9% Beer volume organic growth 4.7% Premium beer volume organic growth 7.3% Heineken\u00ae volume 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