Heineken Nv · EURONEXT:HEIA
Heineken Nv — Q1 2025 Earnings Presentation
10 slides from Heineken Nv's earnings presentation, Apr 16, 2025
Slide 1: Heineken N.V. 2025 Q1 Results
Heineken N.V. 2025 Q1 Results Harold van den Broek, CFO
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements based on current expectations and assumptions with regards to the financial position and results of HEINEKEN’s activities, anticipated developments and other factors. All statements other than statements of historical facts are, or may
Slide 3: Highlights
Highlights • First quarter of 2025 as anticipated • Shape of our volume continues to be of high quality • Promising performance in key markets • Navigating with agility to adapt to a macroeconomic environment in flux • Confirm 4% to 8% organic operating profit (beia) growth in 2025 3
Slide 4: 2025 Q1 financial highlights
2025 Q1 financial highlights +0.9% +3.3% Net revenue (beia) OG Net revenue (beia) OG per hl -2.1% +4.6% Total beer volume OG Heineken® volume OG 4 OG: Organic growth
Slide 5: Topline as anticipated
Topline as anticipated Net Revenue (beia): +0.9% organic increase Net Revenue (beia) - €m Organic increase €59m -16 223 -164 -345 +4.1% Price-Mix1 OG 6,847 -2.4% Of which: Volume OG Price: +3.2% Mix: +0.9% 6,544 Q1 2024 Total Volume Price-Mix Consolidation impact Currency translation Q1 2025 1. Pric
Slide 6: Quality volume and value growth
Quality volume and value growth Q1 25 organic growth vs Q1 24 4.6% 1.8% 0.9% -0.2% -2.4% -2.1% -2.7% Total Consolidated Total Beer Mainstream Premium Beer Heineken® Heineken® 0.0 Net Revenue Volume Beer (beia) 6
Slide 7: Heineken leading premium growth
® Heineken leading premium growth ® Consistent growth of Heineken Original and innovations Volume growth Heineken® 0.0 +4.6% -2.7% Heineken® Silver 25 markets +31.0% Double-digit volume growth 7
Slide 8: 2025 Q1 by region
2025 Q1 by region AME Americas APAC Europe +17.6% -2.1% +3.9% -4.9% Net revenue (beia) OG Net revenue (beia) OG Net revenue (beia) OG Net revenue (beia) OG +1.3% -3.7% +2.3% -4.7% Beer volume OG Beer volume OG Beer volume OG Beer volume OG +20.3% +0.7% +3.6% +1.4% Price mix1 Price mix1 Price mix1 Pr
Slide 9: Outlook 2025 confirmed
Outlook 2025 confirmed Continued advancement of our EverGreen journey Macro-economic environment in flux We remain agile in our allocation of capital and resources Our brewery footprint is advantageous Over 95% of production is local Advancing on productivity agenda Gross savings firmly on track to
Slide 10: Thank you Q&A
Thank you Q&A Ly bt & 0 areeeen 1 HEINEKEN =