ET 05:32

Heineken ReportsFY25 Profit Surge, H1 Outlook Up, Announces Up to 6,000 Job Cuts; Shares Rise

IMP6.0
SNT+1.0
CONF80%
Earnings

Heineken (NYSE: HK) reported fiscal 2025 profit up 33% to EUR872 million, driven by pricing power and cost discipline. The company raised its half-year 2026 earnings guidance on February 11, citing continued demand in key markets and a recovery in Latin America. Management plans to cut up to 6,000 jobs by 2027 to align with a leaner, more agile structure. The stock gained 2.8% in early trading on the improved outlook despite the restructuring plan.

EditorWong Mei Ling