Heineken reiterated its fiscal year 2024 outlook with a core operating margin growth between 4% and 8%. There is a key area of delivery: price mix supported by beer premiumization. After reviewing our estimates due to FX, we still believe HEINY stock is a solid buy. Additionally, there is a valuation gap within its Consumer Staples sector.
Sales of Heineken N.V. (EURONEXT:HEIA)'s non-alcoholic beer and cider range surged 11% in the third quarter, comfortably outstripping the 0.7% in organic volumes across the wider beer category.
The Dutch brewer posted sales below analysts' expectations in the third quarter as the group grappled with challenging consumer and industry trends in some markets, particularly the Americas and the Asia Pacific.
CHICAGO--(BUSINESS WIRE)--Las Vegas Grand Prix, Inc. today announced Duracell, one of the world's leading battery manufacturers, as the official battery partner of the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX 2024. In a partnership that merges high-speed innovation with top-tier performance, Duracell will sponsor one of the Las Vegas Strip Circuit™ DRS Zones - the pivotal section of the r...
AMSTERDAM, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Amsterdam Dance Event have teamed up with Heineken to encourage people to minimise phone use on the dance floor at this year's global music event.
HOUSTON, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Aggreko , a global leader in energy solutions, announces the company's return as the Official Temporary Power Partner of the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX 2024 as part of the multi-year agreement. Following its successful support of the inaugural race in 2023, Aggreko will again power the nighttime race on November 21-23, set in the he...
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