Heineken reports strong fist-half after business transformation plan

Heineken
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Heineken reported a strong performance in the first of 2026, with reported revenue increasing by 3.8 per cent to approximately £15bn, which was driven by organic growth.

The company’s net revenue went up by 2.7 per cent organically to £12.7bn, which was boosted by growth within its focus regional markets, Vietnam, Ethiopia, India, Brazil and the UK.

The overall volume increased by 5.8 per cent, with a growth in Asia Pacific and Africa and the Middle East offsetting a decline in the Americas region.

Heineken’s operating profit increased to around £1.82bn compared to around £1.2bn at the same time last year.

The company’s operating profit was driven by organic growth within all the regions and a standout performance for main brands including Heineken.

Heineken’s total premium volume went up by 5.8 per cent ahead of the overall portfolio with continued double-digit growth in Kingfisher Ultra.


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This comes as the business has been executing its EverGreen transformation strategy, which includes plans to cut 5,000 to 6,000 roles over the next two years.

Harold van den Broek, CFO and member of the executive board of Heineken said: “During the first half of 2026, we accelerated the execution of EverGreen 2030. We delivered volume growth and robust operating profit expansion, with all five global brands in growth and good momentum in our premium and beyond beer portfolios.

“This performance reflects the quality of our growth, the resilience of our advantaged footprint, and our ability to adapt and execute in a dynamic environment. We took further significant steps to boost productivity and build future fit capabilities, ensuring we drive further growth efficiently.”

Moving forward, the business expects operating profit to grow between 2 per cent and 6 per cent, considering the current impact of inflation and other macroeconomic conditions as well as investments in the EverGreen strategy.

Heineken has also announced a new CEO who is set to step into the role on 1 October.

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Heineken reports strong fist-half after business transformation plan

Heineken

Heineken reported a strong performance in the first of 2026, with reported revenue increasing by 3.8 per cent to approximately £15bn, which was driven by organic growth.

The company’s net revenue went up by 2.7 per cent organically to £12.7bn, which was boosted by growth within its focus regional markets, Vietnam, Ethiopia, India, Brazil and the UK.

The overall volume increased by 5.8 per cent, with a growth in Asia Pacific and Africa and the Middle East offsetting a decline in the Americas region.

Heineken’s operating profit increased to around £1.82bn compared to around £1.2bn at the same time last year.

The company’s operating profit was driven by organic growth within all the regions and a standout performance for main brands including Heineken.

Heineken’s total premium volume went up by 5.8 per cent ahead of the overall portfolio with continued double-digit growth in Kingfisher Ultra.


Subscribe to Grocery Gazette for free

Sign up here to get the latest grocery and food news each morning


This comes as the business has been executing its EverGreen transformation strategy, which includes plans to cut 5,000 to 6,000 roles over the next two years.

Harold van den Broek, CFO and member of the executive board of Heineken said: “During the first half of 2026, we accelerated the execution of EverGreen 2030. We delivered volume growth and robust operating profit expansion, with all five global brands in growth and good momentum in our premium and beyond beer portfolios.

“This performance reflects the quality of our growth, the resilience of our advantaged footprint, and our ability to adapt and execute in a dynamic environment. We took further significant steps to boost productivity and build future fit capabilities, ensuring we drive further growth efficiently.”

Moving forward, the business expects operating profit to grow between 2 per cent and 6 per cent, considering the current impact of inflation and other macroeconomic conditions as well as investments in the EverGreen strategy.

Heineken has also announced a new CEO who is set to step into the role on 1 October.

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