Heineken Holding N.V.
Below you will find information from the register publication of inside information. The information has been provided by the organisation.
Registration date
20 apr 2011 - 08:08
Statutory name
Heineken Holding N.V.
Title
Heineken Holding N.V. Trading Update – First Quarter 2011
Comments
Amsterdam, 20 April 2011 – Heineken Holding N.V. today announced its trading update for the first quarter of 2011.
• Consolidated beer volume grew 44% to 33.8 million hectolitres, due to the first time consolidation of the beer operations of FEMSA and an organic volume increase of 5.5%. All regions contributed to the organic growth;
• Volume of the Heineken® brand in the international premium segment grew 5.7%, reaching 6 million hectolitres;
• Heineken’s revenue increased 22% reflecting organic growth of 3.6%, the benefit of consolidation scope changes and favourable exchange rate movements;
• EBIT (beia) grew by over 20% on an organic basis, driven by higher volume and the realisation of ongoing cost savings;
• Organically, net profit (beia) increased substantially due to higher EBIT and lower interest expenses.
Heineken Holding N.V. engages in no activities other than its participating interest in Heineken N.V. and the management and supervision of and provision of services to that company.
The first quarter is seasonally less significant in terms of volume and profit contribution. In 2010, the first quarter represented 19% of consolidated beer volume and considerably less in terms of profit contribution.
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Date last update: 28 September 2025