Heineken: H1 EPS up 48%

(CercleFinance.com) - Heineken has reported a 48% increase in adjusted and organic EPS for H1 2022 to 2.
30 euros, with a 24.6% increase in operating profit to 2.15 billion euros, representing a margin of 16%.

The Dutch brewer's adjusted net revenues rose 24.3% organically to almost 13.5 billion euros, driven by both a 7.7% increase in volumes sold and a 15.6% rise in net revenue per hectolitre.

In this light, Heineken is leaving its targets unchanged for 2022, although has revised its targets for the following year, now aiming for "mid- to high-single digit" organic growth in adjusted operating profit in 2023.



Copyright (c) 2022 CercleFinance.com. All rights reserved.