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Heineken N.V.

Heineken N.V.

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Publicatie datum 20 aug 2014 - 07:09
Statutaire naam Heineken N.V.
Titel Heineken N.V. reports 2014 half year results
Bericht Strong organic revenue and profit growth Amsterdam, 20 August 2014 - Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) today announced: Group revenue +4.6% organically with revenue per hectolitre up 1.5% Group beer volume +3.1% driven by growth in Africa Middle East, the Americas and Western Europe and an improved performance trend in Q2 in Asia Pacific Heineken® premium volume +6.6% reflecting strong performance in key markets Innovation rate accelerated to 7.4%, contributing €682 million of revenues Group operating profit (beia) +13% organically; Group operating margin up 130bps €141 million of pre-tax Total Cost Management2 (TCM2) cost savings delivered in H1 2014; 3-year TCM2 target of €625 million reached ahead of schedule Net profit (beia) of €772 million, up 19% organically; diluted EPS (beia) +14% Targeting year-on-year improvement in consolidated operating profit (beia) margin of around 40bps in the medium term; expected to be above this target level in 2014 CEO STATEMENT