Overview
- Heineken now expects 2025 beer volumes to decline modestly, downgrading guidance given earlier this year.
- Third‑quarter beer volume reached 59.0 million hectolitres, slightly below company‑surveyed expectations and down from both the prior quarter and a year ago.
- Net sales for the quarter were €7.3 billion with an organic revenue decline of 0.3%.
- The company says full‑year organic operating profit will come in at the lower end of its 4%–8% target range.
- Management cited weak demand in Latin America, Europe, and the United States and is reorganising its Amsterdam head office, affecting about 400 roles.