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Heineken Reports Strong 2024 Financial Results and Launches Share Buyback Program

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Heineken Reports Strong 2024 Financial Results and Launches Share Buyback Program

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Heineken NV ( (GB:0O26) ) has provided an update.

Heineken N.V. announced solid financial results for 2024, with a revenue of €35,955 million and a net revenue growth of 5.0%. The company’s operating profit increased by 8.3%, and its beer volume grew by 1.6% across all regions. Heineken’s EverGreen strategy has been instrumental in achieving balanced growth, with notable increases in premium and non-alcoholic beer segments. The company launched a €1.5 billion share buyback program and is positioned for further growth in 2025, expecting 4% to 8% organic operating profit growth.

More about Heineken NV

Heineken N.V. is a prominent player in the brewing industry, known for its wide range of beer products, including its flagship Heineken® brand. The company is globally focused, with significant market presence in both developed and emerging markets, and it is committed to sustainability and digital connectivity.

YTD Price Performance: 0.18%

Average Trading Volume: 403,079

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €38.4B

Find detailed analytics on 0O26 stock on TipRanks’ Stock Analysis page.

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